DaBoyz were unable to goad bears into covering short positions on Thursday, so stocks went limp. “Bullish news” overnight could change that, but the sordid tale of actor Jussie Smollett, who evidently lied about being beaten up by MAGA thugs, has so completely dominated the headlines that a bullish story concerning the economy is unlikely to stir up much of a response. However the day unfolds on Wall Street, we’re inclined to go short over the weekend for reasons detailed in the DJIA tout below.
Tabloid Nation
- February 21, 2019, 11:02 pm
The surest way to defeat an overconfident adversary is to lure them into a trap by appearing to retreat.
Bull Trap.
Have a great weekend Rick.