Tuesday, May 16, 2023

Morning Post 05/16/2023 SPX

Happy National Mimosa Day!

Good v evil 

On to the lie - 

It is what it is. Timing now depends on two things, policy or event. One you can clearly see coming, like QE, the other you can’t. Technical trading mostly died in ‘09 when QE took over. Faucet on/Faucet off is all you need to know now. Much like the Lake Meade water level, we’re not sure how long this policy is sustainable. STB best trade. 

More to come below.

Have a good day. 

GL and GB! 

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