OK, so I’m worried about the potential for hyperinflation. Meanwhile, here’s how today’s charts look. Going up?
Hyperinflation is coming.
The last few remaining shorts ran for cover on the Fed’s announcing that it was going Conehead this morning. But here are the only things that matter for traders today
We knew this was coming. The Fed has to finance the $2 trillion econonmic rescue borrowing. The market can’t do it. So the Fed must print the money to buy it.
This all in gamble better work. Because if it doesn’t…
Check this out.
It looks that way, but it’s not out of the woods. The same goes for the mining stocks. This report shows what needs to happen.…
We have new short chart picks as a variety of methods point to a target of 1300 on the S&P. It should take years.
I can’t even. And still, the stock market melts down.
We are so effin doomed.
Now that the US Government has delayed Tax Day for 3 months, the April tax windfall won’t happen. That cash fuels temporary Treasury debt paydowns which in turn fuel seasonal financial market rallies. Not this year.
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It seems like the market wants to base out here. But I have a sense of foreboding when I look at the hourly chart. Maybe that’s bullish. I’m often my own best contrary indicator.