It wouldn’t take much to complete this H&S topping pattern with Nvidia. The puts I have on this represent my largest position.

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It wouldn’t take much to complete this H&S topping pattern with Nvidia. The puts I have on this represent my largest position.

Happy Thursday, everyone. Well, in this chaotic world, I see at least Congress is going to become operational again. What a relief, considering all the important work they do. Mike Johnson has been voted Speaker of the House, edging out other candidates Bob Brown, David Smith, and John Doe.
As for my own world, the financial markets, I am absolutely thrilled to seeing the core failures we are witnessing, flying directly in the face of permabull shill Zerohedge’s parroting of Goldman Sachs and JP Morgan’s insistence that seasonality, seasonality, seasonality, and seasonality were four great reasons to buy equities with abandon. As of this moment, the /ES has broken its Fibonacci support.
