A brief update.
Video discussions will resume Tuesday.
Positive tides and positive weathervane made for a positive week last week.
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Category: S&P 500
Remote
A few charts from my remote location.
I managed to travel with my laptop but forgot the charger. I'm husbanding resources until Amazon can find me.
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Getaway
I'm going on vacation, so of course markets are falling apart.
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Another Stick Save
Another afternoon stick save for the stock market. But as liquidity pressures increase, and FAANG leadership evaporates, bounces are becoming increasingly difficult for stocks.
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Weekly Update
It's still Summer. I expect more quiet trading, with one-eye firmly on dollar FX rates.
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click chart to enlarge Some separation here from the strengthening yen.
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IDEM
More of the same - an endless grind slightly higher with horrendous internal readings.
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Yawn
Trading is quiet, but deterioration continues under the surface.
We should all be on vacation.
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Weekly Update
More dollar strength and bond weakness likely this week.
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