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Playing with Fire

This week’s renewed move above 3,000 on $SPX prompted victory laps by bulls as the multiple expansion program inspired by central bank intervention and trade optimism once again dominated the market action. […]

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Replay

Are markets setting up for a replay of last fall or we just drifting higher on hopium and coming successful central bank intervention? I remember last September very well.  All our technical […]

Hopium

The first round in the Thunderdome goes to bulls as another hopium based rally emerged driven by relief headlines. First on the news that Hong Kong tensions appeared to defuse and then […]