No doubt...distribution is going on. Strong hands selling to weak. There are trillions to be distributed. It takes time, perhaps several rallies and pullbacks.
This is the biggest rally in 100 years. The administration doesn't understand financial systems, and the old school cronies that created this mess, or call it thievery if you wish, are advising the administration.
Platinum dropped like a rock today, as did the banks if I may say again.
6 Charts below. These are sufficiently clear that if you need to ask what they mean, you should maybe, not trying to be insulting here, but maybe you ought not to be playing this market right now, because the sharks are big and hungry.
I do continue to see potential for a sell-off. The banks sold off hard. The banks and financial institutions acting as banks are the ones driving this rally with POMO money in order to distribute stocks to others at the highest prices they can get.
No doubt...distribution is going on. Strong hands selling to weak. There are trillions to be distributed. It takes time, perhaps several rallies and pullbacks.
This is the biggest rally in 100 years. The administration doesn't understand financial systems, and the old school cronies that created this mess, or call it thievery if you wish, are advising the administration.
Platinum dropped like a rock today, as did the banks if I may say again.
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Insightful and Useful Comment!