No, that’s not a quote from me banging on the door asking to use the bathroom. It’s simply my attitude toward the market, which seems to be struggling with its willingness to plunge itself into oblivion. Not that this has been a bad week. Far from it. Still, it would be nice to simply see this thing go full-blown Imodium A-D.
The /NQ, shown above, has a failed bullish breakout in the favor of the good and virtuous bears, and the /RTY, shown below, has been playing hopscotch with an exceptionally long trendline which, for the moment at least, it is safely beneath.
The key here is the /ES, which has been forming what may be a magnificent rounded top. Friday could be important to this noble goal for two reasons: first, the jobs report before the market opens, and second, the completely sensible notion that folks might not want to hold a ton of risk over the weekend when the wheels seem to be falling off.
Added to which, 2026 as a whole has seen volatility gather steam and strength. We’ve had to endure some dips along the way, but the general trend is clearly upward.
Before I depart, a special salute to our new Special Envoy for The Shield of the Americas, which is a totally important made-up job and not a way to mask the fact that this criminal scumbag was multi-dimensionally horrible and an embarrassment to humanity, as well as an enemy to the animal kingdom who has been fired from heading up a department of nearly 300,000 people and now has, again, a totally not-made-up unimportant role with no responsibilities or importance.
I’m in the prediction business. I see ruination ahead for you, cake-face. May God’s full will be done.
