Equities began the week on a positive note, the SPX settling +40pts (0.7%) to 6066.
sp’weekly1b
Summary
SPX: a positive start to the week, but Powell is due Tues’ AND Wed’, with CPI and PPI on Wed’ & Thurs’ respectively. I hold to target of 5905… unless we break/hold >6100.
Weekly trend support.. 5890s. Bulls could tolerate a brief foray lower.
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Looking ahead
Tuesday will see NFIB optimism
Earnings: $SHOP $KO $HUM $BP $LDOS $AN $CRNT $SPGI $CG $MAR $SMCI $UPST $DASH $LYFT $FRSH $ET $GILD $CFLT $WELL $ZG
Event: 10am – Powell to the US Congress
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Final note
*I’ve not watched. As ever, just because I post something does NOT mean I agree with any/all of it.
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‘What Starmer has decreed is precisely what started the American Revolution.’
I don’t call it the failed state of the UK for nothing. A truly nasty little nation, lead by Herr Starmer… a literal monster, who protects child abusers, whilst jailing thousands for ‘mean tweets’.
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Geo-pol chatter.
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Another fine example of what happens when you sell weapons to other countries.
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Dr Campbell is usually worth your attention.
The most horrific chart you’ll see this week…
The above chart is why RFK Jr is making a push for MAHA. I would see the push for better health as a taboo, as the bulk of the western populace are physically and mentally sick. Most will resist all calls to live a better lifestyle.
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Dore on the toxic food, not least the seed oils.
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So… I watched El Camino last evening. It was fine. Reading around, yeah… its to be seen as an Epilogue to Breaking Bad, giving clarity on Jesse’s future.
For me, it was a painful ending, the notion of a clean break, zero contact with anyone from one’s past… but hey, that is what I did… some 29 years ago.
I need to start Better Call Saul soon, if only to distract my mind from the barren nightmare of my life.
Goodnight from London