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O Holey Market 4/20/21

This is a syndicated repost published with the permission of Stool Pigeons Wire at 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.

This market is full of potholes!

Back in 2019 I was driving my old 350Z convertible in Philly. I turned onto a street that contractors had just stripped of the asphalt topping. The raised manhole covers were sticking out about a foot. I went over one of them. It took at the bottom of my car and ripped the frame to shreds.

The car was totaled.


Hourly indicators only came down to around neutral and are just sitting there. Until they go negative benefit of the doubt goes with the trendlines. Which, in case you haven’t noticed, are still all green.

The 2 day cycle down phase is 4178, which they already hit on yesterday’s pothole. But the V rocket fell short of a new high. Buys held an edge in the stock screens. I’ll get to that below.

Markets Awash in Cash – Where, How, and How Long, Revealed

Stock Market Gets Knocked Down But Still Packs Punch


This is a syndicated post, which originally appeared at Stool Pigeons Wire at Capitalstool.comView original post.

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