MARKET COMMENTARY: by Woody Dorsey.
Market Energy: Markets are always and only about Energy. I study the Market Energy. Recent behavior was expected and is expected to continue. Stocks popped yesterday as expected but in a Kill Zone penultimate to Black Holes, there are few familiar footholds or finger holds for investors to grasp onto. In an environment like this it may not be surprising to have a recycling viral cascade of negative market memes. What? Stories which many thought they understood or had discounted keep coming back in new forms and ganging up on the rational assumptions of investors. So, Trump, Trade, Mueller, Barr etc. etc. are not over. But don’t focus on stories, follow the Energy. You may need new non rational tools for that. Next week’s report will be very important. I suggest you read it closely. I am a lonely expert on Market Energy. Please join me in exploring and appreciating the beauty of Market Reality. So finally you may see the Black Holes coming but it still takes time before they are really seen. That is a Good thing. This is as expected. Don’t be dismayed by the rationalizations of talking heads. Never Deny Denial.
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Information is for paid customers and may not be copied or distributed Copyright 2019