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The current 5 day cycle projection on the hourly ES 24 hour S&P futures is 5740. I warned yesterday that the Fed was loosening into an already overheating economy that is producing lots of excess liquidity. Now the Fed adds fuel to the fire.
There will be consequences, but for now, party on Garth. Party on Wayne.
Stocks aren’t the only thing moving.
Gold Sings Higher and Higher September 19, 2024
Macro Money Blows the Roof Off
Fed RRP slush fund grows $65 billion in 2 days. Here’s why.
T-bill paydowns. Macro Money Blows the Roof Off
With more coming.
If you’re not on board, I hope you’re at least out of the way. Here’s Hard Evidence that the Slowing Economy Narrative is False 
For moron the markets, see:
- Gold Sings Higher and Higher September 19, 2024
- Macro Money Blows the Roof Off September 17, 2024
- Swing Trade Screen Picks – Eight Is Enough September 17, 2024
- Stock Market Has Perfect Lineup for Fall Classic September 16, 2024
- Primary Dealer Clown Show Danger Pales in Comparison to Hedgie Daredevils September 11, 2024
- Here’s Hard Evidence that the Slowing Economy Narrative is False September 8, 2024
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