I’ve never eaten at one, but I bet it’s just stupid stuff like overly-sticky BBQ wings, celery sticks, and ranch dressing, just to keep America portly. I’m shorting this sucker.
Lots of damage in bear-world, of course, but there are still glimmers of potential reversal, such as small caps……..
Are you enjoying Yellen Day as much as I am? If so, then you are enjoying it zero. Do the math. It checks out.
Setting that aside, I wanted to mention that there’s an interesting gap-fill going on with the miners ETF symbol GDX. The price level represented by the red line is 20.35:
This evening, I got my latest Short-Term Update from Elliott Wave International, and this graph jumped out at me: