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Friday, April 19, 2024

Comment by phil

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  1. phil

    Good morning!  

    Nice dip in the Futures already AND /SI is picking up so I'm very happy.  

    Big Chart – RUT sneaking down to test the 5% line AND the 50 dma – BIG deal if they fail 1,512. 

    Not today probably but any time in Dec.  

    Nas blasted back over the 20 dma, now 6,390 but, as noted above, I like them short here. 

    Who else/1020 – The disparity is huge, you have to take these confidence numbers with a huge grain of salt.  The same thing though influences the Beige Book (it's just opinions) and a lot of other surveys we rely on.

    China/StJ – I have been saying this for years.  Taking a long time to hit the fan but, when it does…



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