Month: November 2023

Looking ahead

US equities continued to claw upward, the SPX settling +0.3% to 4378. Meanwhile, WTIC settled -$3.45 (4.3%) to $77.37.

sp’weekly1b

WTIC daily

Summary

SPX: as things are, we’re net higher for the week by +20pts (0.5%), although it feels considerably more. Bears need to break below old supports… <4300 to be decisive.

WTIC: settling powerfully lower… printing $77.17, the lowest since July 24th. Today’s close under the 200dma (and the monthly 10MA) was decisive. Considering the ongoing situation in the middle east… ongoing downside is bizarre to see.

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Looking ahead

Wednesday will see Wholesale invent’.
* the EIA Pet’ will be delayed until next week, as they are ‘updating systems’.

Earnings: RBLX, FSR, WBD, NVEI, FSS, UAA, BIIB, AMC, DIS, TWLO, MARA, AFRM, APPS, SPCE

Event: Powell is due 9.15am
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Final note

X… or rather Twitter, along with a wheel barrow of other companies, are still using the delete/cancel hammer. As ever, those getting silenced are those highlighting the truth. Those touting lies, are rarely silenced… so long as they are in sync with the mainstream narrative.
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… and there was more…

The Cramer will forever be a cheerleader, pumping the garbage to retail, until his dying day.
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Z’ is increasingly desperate.
Even some of the mainstream recognise Ukraine can’t win.
The only issue is whether he survives, and ends up in a third country.
He was just another western puppet, whose actions have destroyed a nation.

The very latest, and whilst he is clearly on team Russia, his twice daily videos still provide a good source of news.

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Mr Day with Ms. Makori
*I’ve not watched this yet, but it appears to merit viewing.

Goodnight from London