The Fed, US Treasury, F-DIC and PPT stepped up to the plate on Sunday to rescue the wildly imprudent big depositors of the Silly Con Valley Bonk. Multiple tech startups had big deposits well in excess of the 250k insurable limit, and we, the great unwashed taxpayers are supposed to bail them out? I guess so.
But stock market indicators currently say, No Way! Eff you! Here’s what’s coming. Non subscribers click here to access.
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These reports are not investment advice. They are for informational purposes, intended for an audience of investment and trading professionals, and other experienced investors and traders. Chart pick performance changes week to week and past performance may not indicate future results, as you know. Trading involves risk, and these reports assume that you understand those risks and manage them according to your tolerance.