Menu Close

Absurd, Ridiculous, Laughable, Sickening, and Nauseating Stock Market Trading

This is a syndicated repost published with the permission of Slope of Hope. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

Welcome to September, everyone! This is going to be an amazing month. At the moment, we are getting off to a semi-decent start. The absolutely absurd, ridiculous, laughable, sickening, and nauseating “trade talk optimism” spike from last Thursday (yellow tint) hasn’t been fully eradicated yet. Even a mountain of pessimism hasn’t smothered it yet.

Yet there’s always hope on Slope. The key, however, is to break the series of higher lows. As much as I celebrate these little dips (we’re down 15 on the ES as I am typing this), they are meaningless in the grander scheme of things, because we are just grinding higher, thanks to the persistent rumors which seem, against all good sense, to levitate this most overvalued-market in human history.

If, unlike me, you actually relaxed on Labor Day and didn’t read my Yodel post, please do so. I think it helps put things in perspective.

Join the conversation and have a little fun at Capitalstool.com. If you are a new visitor to the Stool, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam filter.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

RSS
Follow by Email
LinkedIn
Share

Discover more from The Wall Street Examiner

Subscribe now to keep reading and get access to the full archive.

Continue reading