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Thursday, April 25, 2024

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  1. phil

    Good morning!

    Terrible fire in London – you don't need terrorism when we are so terrible to each other.  As Malsg notes, for many years people have been saying the building is a fire trap and needed to be brought up to code but that would inconvenience the ultra-wealthy people who live in the area as it would have cost them about $10 each to give people decent living conditions in their own neighborhood.  One of these days, people will rise up and revolt….

    As we feared, /NG did not have good support under $3 and down to $2.93 now with /NGV7 at $2.96.  I've got 6 long at $3 and hoping to get back to $2 even.  The API report took it down along with oil and /RB.  Oil $46 is a good long, /RB $1.48 is good too but this is for quick money as there are still a ton of contracts to roll.

    Lazyboy/Scott – Wow, so now we're just our parents telling them to turn that crap off and ranting about how, in our day, people used to play actual drums and a record player was not an instrument…

    TSLA $380!

    Asia was flat and Europe, like our Futures, is up slightly ahead of the Fed.  Testing 1,430 on /TF – there's no reality here anymore, we'll just have to go with the flow.  /NQ right at the strong bounce goal at 5,780 but the money that flowed out of tech just went right back into other stocks as there is literally nothing else to do with money other than buy equities (or Bitcoins).  

    Watch /NKD at 20,000, above that is bullish.



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