Hello denizens of Evil Speculator! Just as Mole is off to visit his indigenous peoples of Austria, I’m back from a week of honoring my Fucks Given Reduction (FGR) process in the California desert at Lightning In A Bottle (LIB). Fresh and ready to go deep into some stuff you can actually use to trade with. As a bonus to my Cali trip, I got to spend a time in Venice with a man who goes by the moniker The Trip Advisor, who is behind-the-scene responsible for the biggest hit Post Malone has.
Equity index futures managed to hold the line without much drama over the long weekend, and all things being equal this would be a good omen for the remainder of this week. Unfortunately the bulls are now facing a bit of headwind for week #8 statistically speaking.
Alright, you better grab yourself a tall cup o’ java or tea as this is going to be the most massive momo update of this year. And a rather tumultuous one it has been thus far, as it was literally plastered with nasty bear and bull traps. I personally think I’ve done a reasonable job of steering you guys through it, and aim to now bestow you with sufficient technical context to allow you all to greatly prosper in the final, most bullish, season of the year.