US equities saw rather tedious Tuesday chop, the SPX settling +4pts (0.1%) to 6309.
sp’weekly1b
Summary
SPX: as things are, we’re net higher for the week by +12pts (0.2%). Weekly momentum is slowly weakening, but should remain positive into Labor day.
The only threat is a wild card event… but that is obviously always the case. The more cautious will be ‘lightening up’ at these levels, ahead of the seasonally weak Sept/Oct’.
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Looking ahead
Wednesday will see Existing home sales
Earnings: $GEV $FCX $APH $T $TMO $FI $GD $COOP $HAS $NEE $TSLA $GOOGL $NOW $IBM $CMG $QS $ALK $ORLY $MOH $URI
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Final note
It should be clear… there will be no audit of the Fed… or Fort Knox.
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Sure… we’re in something of a bubble, but one that probably won’t pop until the flip side of Labor day. Even then… the bears could only expect net downside into mid/late Oct’.
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They both wear suits, so they must be credible, right?
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Ms. Lilly of Austria, a country whose regime would prefer the serfs live in caves with no power or water.
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‘Real estate is no longer the safe bet it once was due to a lack of confidence in future regulation.’ – Armstrong
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The Carlson is usually worth your time.
I’m not familiar with the Kirk guy.
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The 1990s, and into the early 2000s… it was generally better.
Now… every day is worse.
Its clear that things will become monstrously horrific, as the society has long since turned cancerous upon itself. The child-rapey migrants (not least from Pakistan and Afghanistan), have merely accelerated this decline.
There have been protests around hotels in recent weeks, where the migrants are being housed. Herr Starmer’s Stasi-pigs are literally lined up outside, protecting them from the angry mobs.
A number of local Stasi-pig forces have issued press releases in recent days, warning people about what they post online. It remains the case… around 12,000 a year are being dragged in front of a judge for posting ‘mean tweets’.
It is a truly sick nation, especially dangerous for teenage girls, and preteen boys. No one should visit here for ‘tourist’ reasons. Border patrol will take your phones and laptops. They’ll check for ‘social media’ accounts, and if you’ve posted anything they deem ‘offensive’, they might jail you.
When the ruling regime protects the rapists, and persecutes the women calling out the rapists, what should the white guys do? For now… most are content to stay at home and remain silent.
You could argue a civil war is coming, but the math is clear… not least for London, set to become an Islamic city-state. Ohh, and to say that publicly… would be seen as ‘inciting hatred’.
I’m glad I won’t be around to experience this horror much longer.
Goodnight from London