1pm update - nasty market

For the bears, this is unquestionably a nasty market. The bears were again teased this morning with a swift..but oh so brief 6/7pt drop from the opening high. Primary trend remains...UP, and the sp'1700s look a given by early August. VIX can barely hold the 14s, and 12s look viable within a week or two.


sp'weekly8

Summary

Suffice to say...the nonsense continues.

All is well at the worlds most rigged casino...and its an almost entirely FEARLESS casino.

More QE tomorrow....bears beware.


VIX update..from Dr. J



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