On Friday, NDX pushed higher again to another all-time-high while the rest of the indices are stuck in their holiday mode. Next week is quarterly expiration for futures, options, etc. Maybe a little pick up of volatility because of that but no one believes the stock market can go much lower.
I learned something new from this video about the Pluto declination cycle. In my much earlier work on planetary cycles and their relationship with long term commodity trends, I built a model that did not work well until I incorporated the declinations of all the planets into the calculation. This is such a great reminder that we can all miss something even when we are all looking at the same thing.
Brent Johnson has another thoughtful video posted regarding the upcoming Trump tariffs and also Tesla. Remember Trump is not POTUS yet. What happens now, for which he declares all kinds of initiatives, may not be what we get by the time he really makes it into White House.
Don’t forget that the world is so obsessed with man-made climate change b.s. that these idiots from Germany got scammed so easily. The blame is squarely put on the Chinese companies but I think the Germans had chosen to ignore the signs because it is the easy way out.
Index future expiration by Friday, so this is rollover weekend keeping all of us here busy.
Have a great weekend all!
