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Good God. Thank heavens that’s over. Yet one more government-mandated three-day weekend, through which a whole lot of billions of {dollars} of productiveness are torched so that folks can sit round and don’t know what to do with their day. After all, if we additionally embody the thousands and thousands of federal workers within the equation, an extra $3.67 was misplaced in productiveness because of the vacation as effectively. However now we’re all permitted to really try to steer significant, productive lives once more (the aforementioned authorities workers however), So let’s get began.
As of this second (though the powers-that-be are combating like hell to reverse it ASAP), the quotes are pink. The /ES is down 11 factors and has been slowly sliding.
After all, in latest weeks, the bulls have taken a nasty 12 months for the bears and made it a thousand instances worse. It may all be neatly summed up with three easy value bars. Beneath is the small cap market (/RTY) with three weekly bars emphasised. These three weekly bars signify in a single agonizing morsel how dangerous it’s been for the bears lately (and, I need to say, the mockery and chortling about anybody who doesn’t assume Stonks Solely Go Up is reached 2021 ranges).
can also be down (by nearly a full share level; gosh!) and is ever-so-slowly attempting to finish a gargantuan proper triangle high.
I say once more, don’t dismiss the significance of crypto, even for those who, like me, by no means contact the stuff. is a very vital harbinger of stories. A tough turn-away from the tinted space would assist equities tumble.
The longer view of this similar instrument tells the story extra persuasively about how fragile current value ranges are.
Good luck right this moment, and welcome again to the world of truly working for a dwelling as a substitute of dwelling below the infantile umbrella of state infantilization.
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