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| George Clooney as |
*warning: trailer contains significant plot spoilers, but hell, this is no Citizen Kane, and I'd recommend viewing it anyway.
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First, let me say.. I'm not surprised to see such a story be put together.
The Cramer is a truly infamous character, having appeared in a few movies (most notably, Iron Man), and his 'Mad Money' show is pretty well known.
We now have a fictional story of a really pissed trader who goes after the host on live TV. The movie looks okay (if somewhat predictable), and Clooney and Roberts are always good.
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| Technical difficulties indeed |
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| Yes.. its the 'sell sell sell' button |
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| The evacuation of clown finance TV |
William Banzai... suit up!
Money Monster is going to offer all sorts of fun opportunities for those with photoshop/video editing skills. Mr Banzai - of Zerohedge fame, will no doubt be on the case with this latest financial movie.
I do wonder what Cramer and CNBC will make of this movie... due for release in May.
Ironically, the market should be at its weakest across the April-June period.. so... its all syncing up rather well :)
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As for the equity market
There is a possibility that we're seeing a 5 wave decline from sp'2081.. and have.. or are about to floor. If you consider that we fell across 10 days.. a bounce would likely span 4-5 days... with a viable fib' retrace to the 1960/80 zone.
sp'60min'2
On the bigger weekly cycle...
sp'weekly8d
The 1750/25 zone remains a serious threat in the near term, not least if the Aug' low of 1867 fails to hold. Keep in mind that the two market leaders - Trans/R2K, are already both below their respective Aug'2015 lows.
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Looking ahead
Thursday will see more earnings, notably JPM.
Data: weekly jobs, import/export prices
*Fed official Bullard will be speaking in the early morning
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Goodnight from London