$ES_F
JDGW note
Stair stepping sideways down cue JRO
As we proffered on Monday price got pushed down the stairs yesterday with hot CPI blubbering and now PPI in a few hours
Certain uncertainty abounds almost everywhere
AI boom doom loop
War ending soon but soon never comes
More war seems inevitable
One can only get kicked in the balls so many times before a choice is made or one is made for you
Become the black knight or unleash the black knights
Certainly do not be a paper tiger
Or an AI tiger
How bout STFU and unload a big stick
Provided bigger sticks exist to unload
Everyone knows everything until their ass is on the line
Pullbacks have been in the -2%- -5% range
We shall see
Bounces have been dead cat variety
Stagflation leaning hard on the Fed to hike but more than likely after midterms
Don’t fight the Fed is a thang as well as rising CL and USTs
Tariff sheriff miscalculations are as plain in sight as commies disguised as Dems and getting all intifada wit it most yous know what homey is spillin 😎😉
Maxxin
No Angel no Morta uncertain Oscar
No longs fo sho
No swing longs def
Might post more later or watch Notorious with Vana❤️
Plan the trade
Trade the plan
Or don’t trade at all
Always vigilant though
Perhaps talk of 1999 are off
Might be closer to 2007
Or a combo which would be nasty
Nasty…kinda like the citizenry attitudes and public officials performance and the commies
Total bullshit artist
Quit fucking over the electorate
We don’t need show trials, lies, or half truths
People need low fuel costs
We heard it all day yesterday from young clients
Most of us old fucks got a little sumpin but younger peeps want and need some relief…now
Nastflation….rising cost of commies, cons, and incompetence
Nastflation nation
Market has crumbled a little but not crashed although I hate even thinking that term let alone typing it
We don’t foresee it but we’ve talked to
clients about recession and crash when they bring it up
Unfortunately we are seeing increased fear
With that said tech earnings are a couple weeks away with all eye on the hyperscalers while we watch Angel and Morta and price levels
Get your shopping list ready and let’s get thru Thursday first
Cold rain is to Fall on Friday here with temps dipping near freezing
Pissed off folks are seemingly everywhere with half wanting change
Of that we are certain
But change for the better we are not as certain
Early
Stay blessed and well