It seems my brief journey into bullishness (green circle) followed by my decision to bump it all and become a pure bear again (red circle) was timed well.

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It seems my brief journey into bullishness (green circle) followed by my decision to bump it all and become a pure bear again (red circle) was timed well.

In downtown Palo Alto, the two main streets are University Avenue and Hamilton Avenue. On Hamilton Avenue is a web company called SE Ranking, whose engineers are largely from Ukraine. I pass it almost every day of the week.
Last Sunday, one of their employees – – Tatiana Perebeinis – – was trying to flee Ukraine with her two children. In spite of Russia’s pledge not to harm civilians, they started shelling the suburban area where Tatiana was frantically crossing a footbridge with her kids, and this was the result:

This is simplicity itself: seven major U.S. stock indexes with the same trio of exponential moving averages (50-day, 100-day, and 200 day). Draw your own conclusions. I’ve certainly drawn mine.

This was recorded seven YEARS ago, but it might as well have been recorded seven minutes ago. It’s completely relevant (and, indeed, more germane than it was when it was recorded).
I just have a brief, funny anecdote to share. As some of you know, I do a show every weekday on tastytrade called Trading Charts with Tim Knight. This is a Zoom-based show, and normally I share a very specific tab in Chrome, with a restricted zone that is shared with everyone.
Today, for the first time in the ten years I’ve done the show, I accidentally did FULL SCREEN. Now, if I were a different kind of person (and had different kinds of content tucked away on my screen) this could have been a true Jeff Tobin moment. Instead, people got an unexpected view into how boring I am: on my screen was just a list of symbols, a few WordPress tabs, and a video. And that video was………John Mulany comedy. Let’s just say sometimes clean living has its unexpected benefits!
