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...