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Fearless Leader

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

Welcome to a new week, Slopers. Hey, can you try to spot the trend in the NQ?

Liquidity moves markets!

Follow the money. Find the profits! 

How about the ES?

Yep, ever since last week, it has been up-every-day, no-questions-asked. I don’t show it here, but the small caps are the only things acting even relatively weak. As I’m typing this, they are up 1/7th as much as the NQ. Definitely a laggard.

All of this, of course, is suffocating volatility into utter oblivion.

What should happen went countless trillions are printed out of thin air, and countless trillions more are absolutely, positively coming in the future? Gold at $20,000 an ounce, right? Apparently not. This poor beast is in the county jail. I remain disinterested until it’s pounding down around $1800 or even less.

One sliver of light is seen in crude oil, which has exhausted itself and, gasp, is actually down almost 2% right now. I still have energy shorts, and it remains a favorite short sector for me into next year.

I saw just an ad on Facebook, however, that is just right for those of you who may think of equities as too uninteresting: it is Uplift Aerospace. Apparently, you give them money and some totally unknown guy paints art for you. But here’s the twist: the art gets shot into space and then, hopefully comes back down, and then it’s yours: something that has been in space and you get to have it.

Personally, I’d rather pay for a meteorite, and I bet it costs about 99.99999% less than the bespoke pieces from Uplift.

Wall Street Examiner Disclosure: Lee Adler, The Wall Street Examiner reposts third party content with the permission of the publisher. The opinions expressed in these reposts are not those of the Wall Street Examiner or Lee Adler, unless authored by me, under my byline. 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. No endorsement of such content is either expressed or implied by posting the content. All items published here are matters of information and opinion, and are neither intended as, nor should you construe it as, individual investment advice. Do your own due diligence when considering the offerings of information providers, or considering any investment.

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