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Nothing Has Changed in the Big Picture Charts Despite Today’s Rally

This is a syndicated repost courtesy of Slope of Hope. To view original, click here. Reposted with permission.

It certainly looks like the bulls have given the bears the old heave-ho, doesn’t it? Sickening as it is, those same goddamned three words – Trade Talk Optimism – is what is sending stocks soaring.

Liquidity moves markets!

Follow the money. Find the profits! 

Keep the bigger picture in mind, however. Nothing has changed in the big picture. Dealing with these spikes sucks, I absolutely know. But the “all is well” signal has been given about 97 times this year alone, and every single time it has fizzled out.

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