Greetings and warm welcome lads! I am reporting to you from the bathhouse adjacent to iBankCoin laboratories where an old Russian man is beating me with oak branches. After a long morning toiling away inside the furnace room, it’s a welcome relaxation. It appears short sellers are in hot water heading into the holiday-shortened week, doesn’t it?
The pesky NASDAQ keeps rising, slowly, keeping dip buyers sidelined and shorts from leaving. All very kind and clean.
The others majors, simply marking time. Perhaps they begin to drift higher Tuesday? This is what the IndexModel suggests heading into next week.
Ice bucket to the head, my best guess is we drift through next week then blast higher Friday morning during the inauguration—leaving anyone who is waiting until after the seismic geopolitical shift sidelined.
This hypothesis was derived from the objective findings inside the 114th Edition of Exodus Strategy Session, which is now live.
There is another key seasonality opportunity setting up that we need to act quick if we intend to capture it. Check out Section II for more info.Comments »