It’s been far too long since I dove in on some broader market happenings here on Heretic Speculator. My general thinking on the index could be summed up this way; I have no idea which direction the S&P is going, but I suspect upside should probably be limited from here. Believe it or not, when I’m not busy ranting about fiat Ponzi schemes and meme coins mooning, I do try to pay attention to stonks. The S&P chart doesn’t actually look all that bad having defended the 50 day moving average throughout all of April and May:
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It's The Liquidity, Stupid
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It’s been far too long since I dove in on some broader market happenings here on Heretic Speculator. My general thinking on the index could be summed up this way; I have no idea which direction the S&P is going, but I suspect upside should probably be limited from here. Believe it or not, when I’m not busy ranting about fiat Ponzi schemes and meme coins mooning, I do try to pay attention to stonks. The S&P chart doesn’t actually look all that bad having defended the 50 day moving average throughout all of April and May: