This is a hugely negative development for longs. The reversion back to the grind house is indicative of a market sentiment that beckons back to the past two years, a period which was cruel to market participants.
Relatedly, the flight to treasuries is pervasive and consistently rewarding.
The Nasdaq is within 10 points of giving up all of yesterday’s degenerate gains.
A storm is coming. You’ve been warned.
If you enjoy the content at iBankCoin, please follow us on Twitter
That’s a great picture.
That is a great picture. I miss the days when a raise covered the cost of living, when banks competed with CD and saving’s rates, and a pension meant something. Now it’s just trying to stay afloat. P.S. I am soaking up as much knowledge as this old brain will allow. Lol And am thankful for the information provided through Exodus.
Silver has done very well in the last month.