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Some family members recently ventured to Mexico near Puerto Vallarta. It was at the St. Regis, which sounds very safe, but I was uneasy about them going to Mexico at all. Turns out my concern was justified; although they flew back a week ago and missed all the mayhem down there, the rule now is NO Knight family member is going to that country again. This is chaos.
Another victory for technical analysis.
Good morning, everyone. Just one thought and one chart: Bitcoin is down quadruple digits again, and although I’d be surprised and delighted if it happened anytime soon, a crack below $60,000 would accelerate selling. I’m sure your hero will try to do something about this debacle during his pointless and performative state of the union tonight, but from a charting perspective, things continue to look deliciously weak.
I guess Dark Side of the Moon dropped off years ago, eh?
