Yeah, I think people are still short as evidenced by the Tick. Even as we went higher the tick was pretty restrained - it should explode on covering. That’s cool.
Such is the nature of bear market rallies. We need new longs if we are to harvest fresh organs during the next leg down.
All depends on the dollar. If it continues to drift down we good with our bounce. If ECB raises rates Euro will go up. That’s my amateur understanding.
Parenthetically I am told that the Fed is leaking it’s intentions thru the WSJ. I trust this is will continue to be true.
Sonatine & Pelosi’s NVDA. I fought ‘tine @ 145’ish. I mean I listened and I remembered but we coulda done better.
I am thinking of Twitter calls. The trial is being fast tracked in Delaware and he’s gonna lose - not just the penalty… he’s gonna buy that pig at the agreed price. Just thinking of screwing around on that as so many think he’s a Chad and all.
I feel pretty locked in.