I’ve written many times about palladium, specifically the PALL fund, which I am long. At this point, the big test is whether it can push past the line just beneath $130.

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I’ve written many times about palladium, specifically the PALL fund, which I am long. At this point, the big test is whether it can push past the line just beneath $130.

I don’t mean to be disloyal. I love all our Tesla cars, and Elon’s been supremely good to our family. Having said that, as your humble chartist, I’d like to suggest TSLA might be bumping up against resistance.

Markets keep lurching higher, which is something is a Thanksgiving tradition in equities, with stocks indexes up a little less than one percent across the board. One of the VERY stock items in my portfolio that’s recently red is Intuit, which has been sputtering for many months now. I’ve tightened up my stop on INTU to $652

Today should be far more normal for me, now that the madness of Thanksgiving (yep, we did it yesterday) is over. I’m most focused on the small caps (/RTY) which have blasted higher since Friday to almost, I say again, almost capture the last “lower high”. Let’s see if we can manage to re-weaken from here.
