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Daily Note

The Rolls Royce Boat Tail Top

May 27, 2021

Thomas Thornton

  • There are signs at bottoms and signs at tops
  • I submit the new Rolls Royce Boat Tail to add to the increasing pile of signs of a top
  • One market going nuts (it certainly isn't the equity markets) is the Repo markets
  • Zero Hedge summarized it perfectly
  • Some VWAP levels on SPY and QQQ to watch
  • I am taking off tomorrow and will not be publishing any notes
  • Have a great long weekend!
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