Equities began Christmas week on a positive note, the SPX settling +43pts (0.6%) to 6878.
sp’weekly1b
Summary
SPX: weekly momentum remains marginally negative. Bulls can argue its a sign the bears can’t muster anything significant/sustained. Upper weekly bollinger is offering a new hist’ high at 6969.
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Stock of the day
PYPL, daily
Paypal settled +0.1% to $59.86, another lousy performance to the main market. Today’s candle is black, and leans s/t bearish.
PYPL, monthly
Paypal stock has been a flat lining zombie since mid 2022. I’d keep in mind, X Corp is yet to roll out X Payments, and I’d see that as a possible Paypal killer, which would be ironic, as Paypal is where Elon made his first $300M, which helped him fund Tesla and SpaceX.
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I will always be thankful to Paypal for offering a service that helped make me independent. Yet… much like ‘Don’t be Evil’ Google, they lived long enough to turn into a villain.
The ‘Honey app’ scandal isn’t going away, with a truck load of lawsuits still to be processed.
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Looking ahead
Tuesday will see Q3 GDP, durable goods orders, consumer conf’
Earnings: –
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Final note
The Maloney. With Silver having achieved a 45yr breakout in October, its his time… likely into 2030/32. I saw chatter this morning of ‘Gold $20K, Silver $2K’.
… and now I see this appear…
… which I agree with.
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… and this all comes back to the data centers.
The notion of a ‘subscription computer’ makes me furious.|
It IS part of the ‘You’ll own nothing and be happy’, that the WEF psychopaths have been pushing for the last decade.
… and I see ZERO realistic hope of avoiding this.
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What a nightmare, as the USA spends twice as much as the UK, and you still have a garbage system, where the insurance industry are siphoning off most of the money, that should be used on helping the populace.
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*I’ve not watched. I like Dent, and whilst many of his broad views are correct, that sure doesn’t mean the equity market will implode. Where else is the money supposed to go, bonds?
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Reading around
The news is ever horrible. I actually try to avoid it most of the time, not least on the cesspool that is X.com Here is one video that appeared in my YT subscriptions…
… but I just can’t bear to watch it. I’m already well aware of my sick nation, and its thirst for war with Russia. Yesterday, I saw the story that the thieving, rapey, and murderous migrants might get a ‘free pass’ on anticipated conscription.
So they literally want to see the English whites used as cannon fodder, whilst continuing to allow the migrants to just stay at home all day, and out-breed the indigenous.
What a truly… sick… cancerous populace. Ohh, and one other thing, I saw King Charles touting the Islamists again. He is another traitor to the very Christian realm he was supposed to protect.
If there is another plain of existence, I can’t imagine the horror his mother- Elizabeth, as she views what has become of the former ‘Great Britain’. All the battles – not least WWI and WWII, only to see the nation effectively cleansed of its culture, and replaced by the religious zealots of the third world.
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A grim Monday
Today was difficult, another day working from my bed. This is week’3. At what point do I just call it quits, four, five, six, ten?
Then there is trading, I’m trying to be bold, but also cautious in terms of silver. At some point, its going to max out, and fall for ‘some weeks’, but from where? $70, $80, $90, or even $100 within Q1 ?
I really should diversify into UNH, DECK, and maybe a few other things.
As for videos, I guess I’ll do one this evening. I’ve 29 subs on Youtube… which is better than 0 before I started two weeks ago. Still…. how am I even going to reach 1000 by late summer 2026 ?
… not that it matters. I can’t see myself lasting that long, never mind financially, I’m due to default in mid January… unless I start crossing money back from my Schwab account to my bank.
The fact its Christmas… isn’t helping my mood. I don’t regret cutting off my family some thirty years ago, but even now… its difficult. The big lie in psychology/therapy is that abused children can move on. No. None of them ever do. That also applies to all those hundreds of thousands of girls in England… raped by the Islamists.
A significant chunk of England’s children from around 1995 to the present, horrifically abused, and none of them will ever lead a ‘normal life’. They are forever broken. Here, its an effective taboo, no one wants to talk about what has happened.
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As a distraction from my ongoing horror, I’ve currently scheduled ‘Frankenstein’ and ‘Nosferatu’ for Christmas day viewing. Yes, both are horrors… but I feel they might be appropriate for a day that I’d prefer to sleep through.
I’m open to other suggestions though.
Goodnight from London
yours… time to load up OBS. (screen share software)
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*ironically, it wasn’t until I did the video I noticed that Gold printed a new hist’ high today. I guess I’m more tired/distracted than I thought.