"No one saw it coming..."
In the August 2015 Yuan deval analog, we crash between now and Monday:
Hugh Hendry circa 2015:
In the August 2015 Yuan deval analog, we crash between now and Monday:
Hugh Hendry circa 2015:
"There is no central bank stimulus programme that our Disney markets will not consider to be successful"
Broadening top
"It is a common saying that smart money is out of market in such formation and market is out of control"
The Dow is the first major index through the 200 day:
The S&P crash tested the 200 day again this morning and then bounced, led by the riskiest most speculative stocks in the casino. But then, Trump came along to escalate the trade war, because he never fails to disappoint...
Meanwhile, realizing that he is collapsing global markets, Forrest Trump is panicking:
"Hey, we only let Russians rig our elections"
“Many investors have expressed the view that China is prepared to accept an economic downturn (and thus a global economic downturn) to prevent President Trump’s reelection,” says Naka Matsuzawa, Nomura’s chief rates strategist.
Their "plan" is working:
Getting back to the casino...
Of the major indices, the blue chip Dow is weakest, the S&P is second weakest, the Nasdaq is showing relative strength, and momentum Tech is bid.
Of the major indices, the blue chip Dow is weakest, the S&P is second weakest, the Nasdaq is showing relative strength, and momentum Tech is bid.
Led by hook up dating apps, what else?
Parent company of Tinder:
Just one of the many parabolic junk stocks in the Momentum Tech ETF:
Which is holding support at the 50 day with next support at the 200 day. Maybe:
When these stocks explode lower into the third wave down...
Then Tech goes bidless
The Nasdaq takes out the 200 day
And Skynet meets panic
