E Market Briefing For Friday, Jan. 15

[Ed. note - We have backdated this post to its originally intended date. After it was written, he appended this note written the evening of Thursday, Jan. 14, 2021:

For me it's a nervous day; stocks working well, especially Sorrento at this hour it took-off and is over 8; technical breakout regardless as it's related to a forthcoming EUA for the Covi-Stix or not.

Yours truly had a plan depending on my own Covid test. Unfortunately it came back positive. I have both my primary and an Infectious Disease group on this but there's a problem. I woke up with the worst fatigue yet; and pulse oximeter low oxygen levels. With low oxygen they want me to go to the ER not infusion center for the monoclonal antibodies. I'm being very candid as I was trying to avoid hospitals; but may require oxygen. Once on oxygen or with low Q2, they won't do the monoclonal antibody infusion. So sort of a catch 22.

Looks like I'm headed to an ER this afternoon.. ugh... I wanted to let you know is obviously there will be no comments of Briefings for now; and hopefully I'll get a bit of help and return soon (a day or two?). I will take my MacBook Pro and hope it's not stolen so 'if' up to it I can work on it.

I will update through this only as soon as I'm able. I've tried to work all week but this is now requiring more attention with the test now and O2 declining.

Market Briefing For Jan. 15, 2021

For nearly a year - since projecting a similarly-timed S&P shakeout, for a late January/early February time-frame, so many market influences 'evolved' shall we say. As we got into last January I escalated warnings to a 'crash alert', as I heard first hand from investors who had been to China, or had relatives there, and that information came partially from attendees at my Florida Money Show presentation (the last in-person event). I'm updating this for new members or a couple apparently frustrated the market hasn't collapse I guess, because I rightly advocated 'against' shorting for quite some time.

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