Well, I had become accustomed to Sunday being the Everything Green day, as the deeply-embedded Stonks Only Go Up psychosis always commenced each and every new week. What a refreshing change to see a sea of red. We’ve taken out last week’s lowest levels for the /ES…………
……and the /NQ……….
…….but the small caps /RTY is more of a challenge:
All of this being driven by U.S. Bonds being turned into one-ply toilet paper, as the entire universe realizes that the thirteen year lie foisted upon the investing world has fully run its course.
I have 20% cash to possibly deploy into new positions. Let’s see what kind of monkey business they’re going to pull between now and the cash open………
