I hope you had a wonderful Thanksgiving. In bear land, we would have preferred Tanks Giving. But the market doesn’t seem to want to do any tanking.
Thanks to Lindsay Williams at Strictly Business.
https://iono.fm/e/962464
Other than anything I say, the fiscal games that the Trump Regime is playing on its way out. Here’s why, along with what to expect in today’s US stock market trading patterns.
Anyone who has traded this market successfully since Pfizer Day is a genius.
I am not a genius.
Yes, they are. They have come back to celebrate the holiday.
It won’t be safe to trade until the market gets through certain levels, one way or the other.
Nice little pullback yesterday. But 3540 and 3520 on the ES are both important support levels. We should see a bounce from one of those. And if not there, then major support at 3510. I wouldn’t get too excited about this pullback unless they take that …
Dare we dream? Two straight down days? Nah.
Well, doesn’t this look head and shouldery?
Two operations yesterday. Be prepared for what’s coming.