A few weeks ago some perma-bearish clown showed up and began to mix it up in our comment section. It didn’t take him very long to get squashed by the mighty ban hammer as he immediately began to challenge and offend half of the posters here, including yours truly. I don’t usually comment on trolls or clowns but this particular incident turned out to be highly educational and thus should serve as a stark warning to the rest of us: Never ever bet the farm on a lottery ticket.
I promised you a comprehensive momo update and just like a Lannister the market mole always pays his debts. Except here at the lair you won’t have to wait almost two years for new episodes. Come rain or shine, I deliver daily and I’m known to spoil my intrepid subs in particular. That said, if the GOT producers get away with taking an 18 months break, all the power to them!
Emotions are running high wherever I look, and I am not excluding myself as a year full of volatile gyrations have left their mark, whether or not one is willing to accept it. From the onset of Evil Speculator my main mission here has always been and will continue to be to keep you guys ahead of the tape by providing you with as much actionable and objective information as possible. And there is a lot to talk about today, so let’s get to it.
Once again equity indices have become stuck near important inflection points, which incidentally in my book are key thresholds from which shifts in momentum and trend changes can be triggered.
No matter if you are bullish or bearish – this will most likely be the most important update of Q1 2019. So it’s once again time to forget about the daily noise, take a few steps back, and look at the market from a 10,000 foot perspective.