Three Thoughts For Friday

Apr 30, 2021 | Daily Note

  • It has been one of the better earnings seasons I can recall in years yet the market shows no love
  • Furthermore strong earnings, strong economic data, and $4 trillion from the government is coming and the market ran out of buyers
  • A lot of DeMark exhaustion signals continue on daily and weekly time frames
  • Bitcoin has two scenarios with DeMark indicators currently
  • A couple of scary charts from a friend
  • Some LOL inflation charts - try and see if you can spot the inflation
  • Have a great weekend