The typical yo-yos were trotted out on financial television to tell people Everything Was Great and that the Economy Was Sound and that they should Buy Stocks Now. What a bunch of self-serving imbeciles.
Just one glance at the daily SPY chart tells you what you need to know; just one surprise could yank the carpet from under this market and send it collapsing into oblivion.
![slopechart SPY](https://slopeofhope.com/wp-content/uploads/2019/01/slopechart_SPY-640x368.jpg)
The monthly jobs report comes out in the morning, and it’s anyone guess what the effect will be. As I type this on Thursday evening, however, it looks like the people of Earth aren’t paying much attention to the permabull Tom Lees of the world.
![vulnerable](https://slopeofhope.com/wp-content/uploads/2019/01/vulnerable-640x440.png)