Wednesday, November 9, 2016

Social Mood Has Spoken

As I was saying, social mood will determined this election...

What happens next has nothing to do with Captain Donald, although he will receive full 'credit'...



To wit, banks have been rallying all week, regardless of which game show host was at the top of the polls:




Just like last time
Northern Trust 




Capital One




Chinese Offshore Yuan, just got monkey hammered to a new all time low...




Emerging Market stocks (shown prior post), currency and credit (below):




"Don't worry, everyone's guns are safe"
Smith & Wesson just broke its 200 day for the first time in this rally...



Utilities




Biotech is up 17% this week - all short-covering...




Fill last open gap above the market. Check.