Dick aka Richie Allen has finally been elected to the Baseball Hall of Fame.
10 hours ago, Jorma said:it’s always sort of tempting to look for a major upset from way out there in right field or even Sheffield Ave. Dick Allen hit some out there by the way. Some say nobody ever hit the ball harder. He finally made the HOF
I was 13 when he came up as a rookie, and was a regular at Connie Mack Stadium for the whole time I was growing up. He was my favorite player, a hero in the eyes of us kids. Too bad so many older fans were assholes. Was it racial? Partly, sure, but Phillies fans were brutal to Del Ennis and Mike Schmidt too. It’s a tough town on the great ones. If you can make it there, you can make it anywhere.
But as for Allen, the distance he hit balls was simply incomparable. And he was clutch. The baseball writers who blackballed him for years should be ashamed of themselves. The old timers committees who ignored him for years should be ashamed. Kudos to those today who finally gave this great hitter the recognition he was due.
Stock Market Technical Outlook Today
Speaking of long balls, that brings me to the stock market today. No question, this market is way, way outta here. How long? The rooftops on the other side of Somerset Street. As for Sheffield Avenue, not unless the Phillies were playing the Cubs. 
Allen was even more beloved by Sox fans than by Phillies fans.
The stock market continues its upward momentum, with S&P futures testing key resistance levels today. After some brief hesitation, the ES 24-hour S&P futures have regained strength, pointing to potential targets at 6085 and 6093, with the 5-day cycle projection eyeing 6095. If these levels are cleared, there’s a solid chance of reaching 6100, and potentially 6165 in the coming days. Traders should watch for a breakdown below the uptrend line at 6055, which would signal a shift in market sentiment.
Stock Cycles Point Upward but High Due Soon with S&P Near Projections – Technical Trader Report
Treasury Market Technical Outlook Today
In the broader market outlook, the Treasury yields are showing signs of a breakout, which could indicate future price corrections. Extreme Valuations, Liquidity Growth, and the Road to the Next Bear Market
Gold Market Technical Outlook Today
Meanwhile, gold’s chart continues to show mixed signals, suggesting a period of consolidation unless it drops below 2660. Gold Chart Cycles Show Mixed Signals: Trading Range Continues as Long-Term Uptrend Remains Intact
With extreme valuations and liquidity growth in the market, it’s crucial for investors to remain cautious as the potential for a market pullback looms.
Stay updated with daily technical insights to help navigate the volatile market and make informed decisions.
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Analysis and conclusions are the author’s. Portions of the text and title have been rewritten for by AI for the purpose of search engine optimization (SEO.)
