Baby Bear brought this to my attention – – the gold miner EQIX has broken above its lifetime resistance trendline.

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Baby Bear brought this to my attention – – the gold miner EQIX has broken above its lifetime resistance trendline.


This weekend, I’ll be attending an Oscars party. Just like last year. The difference is the market has totally changed its attitude.
You see, last year, all holy hell was breaking lose, and in that environment, a chart like the one below (NYCB) would be crashing the entire market.

How about today? No one cares. Because every disaster is “contained“.
What a difference a year makes, huh?
One of the biggest unicorns in the universe, Stripe is an incredibly successful company. I’m a happy customer of theirs myself. I wanted to share this chart to illustrate, however, that private companies have ups and downs in their valuations as well, and certainly their employees could attest to that.
