From this morning’s column on UrbanSurvival:
“The conventional wisdom is that the markets rise – lots of times – during the first week to 10-days of a month. Because that’s when the “fresh money” comes into the market.
Flip side of this (so we mentioned to our Peoplenomics subscribers a long time back) is that quite often you get an end-of-month “adjustment” as the “hot money” squares up with the Bankster class.”
And how’s it working out?
Read ’em and book the profits:
More in the morning…still need some of that “sleep” stuff. But good bears never sleep?
George@Ure.net
https://www.bing.com/images/search?q=dr.+strangelove+gif&id=1AF031DF8D4EAD4236BF15D849AD2786049E6C76&FORM=IQFRBA
Stay short. Wall of worry ?slope of hope? Nah the cliff of death . The other guys just lost their grip. Any moment ,bears never sleep . They just short
Mr. Ure,
You as far as I can remember, over the past several years of being a loyal Peoplenomics subscriber, have I, within in my limited medium range memory, never ever read you comment about Treasury auctions,
but apparently, The 7 year puked today, causing….
Your prescient call.
https://www.zerohedge.com/markets/treasury-yields-soar-after-catastrophic-tailing-7y-auction
Healing prayer to Elaine, Sleep to you my brother.
Money always finds the best home . Right now it’s shorts or buried