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Forty, ‘Kay?

I want to re-emphasize that $40,000 is a very important resistance level for Bitcoin (and, in turn, just about all other assets, from stocks to oil to kitty litter). This is the “animal spirits” at work, and we are very, very close to t…

Out of Energy

Consider this a contrarian signal if you like, but the white flag you see being waved is me surrendering to the energy bulls. I just can’t take this kind of thing anymore from XLE……. And crude oil seems to do nothing but go up (wh…