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Silver has been climbing strongly, albeit awkwardly, higher for years at this point. What’s particularly interesting to me is how the volume of the PSLV ETF has been pulsing higher as well. My relationship with silver is, let’s say, complicated, but I’m still a bull and a booster!
I remember watching this dozens of times when I was a kid, and it’s probably one of the best Warner cartoons ever made. The emotions conveyed are amazing, and it perfectly captures what a puppy is like: all impulse and perpetually blameless.
If there’s ever going to be an honest-to-God, rock ’em, sock ’em, greater-than-a-few-weeks bear market, it’s going to require the participation of a certain company run by one Mr. Tim Apple:
Loathe as I am to say anything positive about cruise liners, it seems to me Royal Carribean (RCL) is due for a bounce, based on this long-term channel.
Well, that didn’t take long, did it?
See, it is my firm belief bulls are going to get a taste of precisely what it’s been like to have been a bear. Disappointment will be their daily companion. Because, as shattered as this market is, getting an ice-cold inflation report was just what the doctor ordered. And it worked……….for about a second. Just look at the reversal in the /RTY, and we’re only an hour into the trading day!
NOTE: I see we’ve got the mysterious “comments don’t stick” situation on this post. Interesting! We’ll try to figure this out. I’ll do a new post before long so the chatter can continue.
