After I experienced THE TALE last summer with my family, I became convinced that the arrogant little dork Alexandr (yeah, that’s how he spells it) Wang was going to be the death of the place. I’ve been trading against it ever since, and I’ve still holding. Meta is toast. It’s just taking a long time to burn.
The PPI numbers just came out, and it was pretty much a non-event. It didn’t move the markets very much. The more meaningful move was due to the fact that, for the 38th time in the past two months, we’ve won the Iran war. Thus, equity futures are all up fractionally, although it’s important to keep in mind that over the past week the /NQ has done nothing more than hammer out a series of stumbling lower highs.
