Today’s trade was looking very constructive early morning, taking out the important resistance I highlighted this morning and building value higher after a progression of TPOs marching higher. Early AM longs were working and solar was ripping dicks, which is a highly speculative sector. The charts were setup something perfect and the fact I didn’t even turn them an eye in this administration is somewhat disturbing.
Let’s be frank with each other, this market is overheated. The dick ripping shorts received yesterday was not medieval torture, it was a 100 degree samurai sword simultaneously de-cocking and cauterizing the wound with surgical precision. We may have to check with @HalfBloodPope but I don’t even think antibiotics are necessary. And come on, The Fed had to pump the breaks into the fast approaching weekend.
I think this market “wants higher” but I also think people who want in are sidelined and ready—charts all marked the fuck up. Lunchtime buyers are the bag holders until proven otherwise, here’s where the inventory is priced. Good day to you:
Antibiotics are not necessary however I am currently dying a death of a thousand paper cuts at the hands of the silver bears. Silver sulfadiazene, ironically enough, is my only chance for survival.
Clean up those wounds and let’s bank some coin.