Support the Wall Street Examiner! Choose your level of support to receive a free proprietary report as my thanks. Click the button below to see your options. Become a Patron!

Stock Market Ejaculates on Mere Scheduling of a Meeting

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

If there was any doubt how badly the market “wanted” to go up, all doubts were dispelled tonight. All it took was an agreement to schedule a meeting next month to launch equities into the stratosphere.

Liquidity moves markets!

Follow the money. Find the profits! 

It’s almost comic at this point. Over the past year, there has been meeting after meeting, phone call after phone call, and dinner after dinner, and it hasn’t yielded anything except tariffs and acrimony. And yet being able to manage to put together a time and place to meet was enough to send the market into ecstatic rapture. The overhead supply and Christmas trendline are the only barrier to lifetime highs at this point.

So now we can look forward to endless jawboning between now and the meeting, and then a bunch of smiling and photo ops during the meeting, and within 48 hours of the meeting’s end, absolutely no deal and new nasty tweets.

Until that time………..the funhouse mirrors surround us.

Wall Street Examiner Disclosure:Lee Adler, The Wall Street Examiner reposts third party content with the permission of the publisher. I curate posts here on the basis of whether they represent an interesting and logical point of view, that may or may not agree with my own views. Some of the content includes the original publisher's promotional messages. I may receive promotional consideration on a contingent basis, when paid subscriptions result. The opinions expressed in these reposts are not those of the Wall Street Examiner or Lee Adler, unless authored by me, under my byline. No endorsement of third party content is either expressed or implied by posting the content. Do your own due diligence when considering the offerings of information providers.

Try Lee Adler's Technical Trader risk free for 90 days! Follow the money. Find the profits!

Leave a Reply

Your email address will not be published. Required fields are marked *

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