US equities began the last week of 2021 on a very positive note, the SPX settling +65pts (1.4%) to 4791. Meanwhile, WTIC settled +$1.78 (2.4%) to $75.57.
sp’weekly1b
WTIC daily
Summary
SPX: Regardless of how the week settles, with a new hist’ high, its a net bullish week. Weekly momentum has turned positive. Upper bollinger resistance 4806.
WTIC: oil climbed for a fourth day. Daily momentum is on the very high side. I’d note next resistance of the 50dma in the mid $76s. From there… psy’ $80, and the Oct’ $85s. Giant psy’ $100 appears realistic March/April.
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Looking ahead
Tuesday will see Case-Shiller HPI
Earnings: CALM
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PF chart of the day
Computer holds a very bullish target of the $63s.
Freeport, monthly
With just four days left of the month/year, currently +13.2% at $41.99.
Yours truly exited a third in early morning, and another third in the 12pm hour. The Schwab computer decided to ‘amend a failed order’… and sold the remaining third in the mid afternoon.
To be clear… I really like FCX on a mid/long term basis. I should look to buy back on ANY cooling within the next few days.
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Final note
The day began…
"Flights being cancelled… with crews calling out sick because of Omicron"
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The Wapner of CNBC is reflective of the corrupt mainstream media hacks, literally covering up the real reason for 'staff shortages'. pic.twitter.com/n49Z1IIVog— Philip Calrissian (@Trading_Sunset) December 27, 2021
Its not surprising, as along with the rest of the mainstream media, CNBC have run with this lie before. Sure… maybe a few crew were tested as ‘ill’, but most likely just called in sick as a protest to the mandates.
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Always good work from Heyling and Weinstein…
Truly insane, as guests are playing ‘cancel culture’ against a Restaurant, because they don’t have a policy of vax/non-vax segregation.
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A subscriber kindly forwarded this…
Do Masks Work to Prevent the Spread of COVID-19? [Mask Expert Dr. Stephen Petty]
Its a superb and definitive summary on face masks. N95s could be useful, but anything that is cloth is utterly pointless.
Some… not least yours truly, have been stating that since spring 2020, and it remains incredulous that most still don’t know, but then… most are psychotics and no longer have any reasoning capability.
On the issue of masks…
This could rank as the most retarded image of 2021.
Around 65% of the global populace now rank as psychotic. Most have no realistic hope of recovery. @tickerguy https://t.co/yOzY0e21Io
— Philip Calrissian (@Trading_Sunset) December 27, 2021
Truly. Incredible. Far from being about ‘the science’, its more about the image, being part of the ‘get along gang’, and a heavy sprinkling of psychosis.
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No matter what troubles you might have… at least none of us (that I’m aware of) are currently stuck in the failed state of Australia. The leader and much of the regime are psychopathic, whilst the sheep/serfs are too psychologically broken to resist.
The camps have been built, and it can’t be long until the ‘resistance’ start getting put onto trucks for ‘being bad’, to be beaten, tortured, and executed.
Other regimes (especially the UK) are looking at Australia, Austria and Germany, wondering if they can also get away with going down such a dark pathway.
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The rains cleared… and I even caught a few minutes of golden sunshine before the (naturally) early sunset… around 3.15pm GMT.
Today was fine. I just hope I can find the energy to keep pushing. I’ve registered on Rumble.com (I happen to also own via CFVI), and am looking to try to live stream. The sooner the better.
Goodnight from London