Well, THAT was interesting. Let’s review the day, shall we?

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Monday basically went like this:

1. Everything was green, because the scumbags at Goldman Sachs said the market would go into a “melt up” mode, and of course, the people at GS never lie and are always right;
2. Jerome Powell, the most evil man in the United States, was given a second term to his post so he could continue to ingratiate his billionaire friends with unlimited riches;
3. The market rallied ecstatically to the highest levels in human history;
4. The NQ fell to pieces;
5. But then it recovered, as Goldman, Powell, and all the other criminals piled in to push things higher;
6. Then out of the clear blue sky, everything fell apart near the end;
7. And yet Goldman is STILL pushing the canard that we’ll have a melt-up.

I personally was bracing myself for a rough day, and for a while I saw a portion of my profits from last weeks vanish, only to return again with a vengeance. I’d also note my virtual account, which collapsed from $20 billion to a mere $9 billion, is at a new record. I would further point out that my all-short all-the-time portfolio did this on the exact same day that the scumbags at the Federal Reserve created the most expensive market in the history of the world.

So: yay, me.

Here are a few more charts and some comments thereto………

The Nasdaq is, so far, behaving itself with respect to its channel and my desire for it to slip lower therein.

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The S&P did a marvelous tag of a thirteen-year-long resistance line before revering. Picture perfect!

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The semiconductor index had its biggest down day in a while, and the biggest bearish engulfing pattern in a long time; I did a post specifically about shorting the semi sector early today, at a fantastic time, which last I check garnered precisely zero responses from my subscribers. Oh, well. I’m loaded to the gills.

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I’m particularly excited about oil stocks which I believe are just beginning their enormous wipeout. The inverted saucer is picture-perfect.

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After peaking on November 8th, the small caps have been falling virtually every single day. They are now right at support. Here’s hoping it fails, too.

This meme has become a total joke, as one by one the nineteen-year-olds in /WSB are going to get wiped out.