Pandemic

In any case, the market continues to unravel. Every single one of my 61 short positions is profitable, and my longs (gold, bonds) are going great too. Here’s the Dow Jones Composite, following the ridiculous AMZN blow-out numbers last night, which everyone assumed would push the Dow over 30,000.

(Click on image to enlarge)

Even the NASDAQ, propped up by the TRILLIONS of dollars of market cap from Microsoft, Amazon, and Apple, is flipping around with a bearish engulfing pattern.

(Click on image to enlarge)

Since we are at the end of this glorious month, take a look at the monthly bar, instead of the daily bars shown above. Shooting star pattern, anyone?

(Click on image to enlarge)

Disclaimer: This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.