Friday, August 4, 2017

The Reign Of Bullshit Is Ending

Three Hindenburg Omens on the Nasdaq to finish this week (Wed, Thursday, Friday), according to the StockCharts indicator which I repurposed below...




But first, today's closing headline:



Payrolls including today's data:




Back to the casino...






The tax cut rally is over




Amazonification is over




Global fake reflation is over




Fake oil rally is over




iPhoney rally is over




Dollar short-covering is over




Dow outperformance is over



Soon the reign of bullshit will be over...