Latest Observation Update – mytrbroadcast.com

Posted with only this brief comment I keep making over and over again…

Until these “markets” determine either the Fed doesn’t have its back or no longer can – they will just keep going up regardless of anything signalling danger. The hype is now officially returned to its former al-chemical glory of pure “hopium.”

So with that said, the following speaks for itself. To wit:

S&P 500™, today as ~10:30AM.

Just one last comment (and our first attempt at a visual) before I close here: What has been resolved other than a possible rate hike being taken off the table? War? Jobs? GDP? Private Credit? Japan? ________(fill in your own here). Or, as Wall Street like to tell and sell it…

Now you better understand why trying to make sense of this has been a fool’s errand, which was why I stopped.

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