So are you as excited about the Vice Presidential Debate tonight as I am? Yeah. That’s what I thought. Anyway, I thought we’d thumb through some charts together. Generally speaking, this seems to be the market that Cannot Sustain a Selloff. Every stinking day, you get an end-of-day ramp, and the market is “saved”. It’s unnatural, it’s sickening, and, as hard as it may be for you to believe, it can’t last forever.
One market that doesn’t have a problem “staying sold” is the British Pound, which has fallen to a level not seen in decades. My advice? Go to London and buy stuff, I guess! Your dollar is strong!
