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Hey Nerds: Blockchain

Just had my first cup of coffee with the new beans and I strongly approve. Brazilian beans are boring (the beau's of coffee beans) but it goes down so so smooth. Beautiful.
 
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we keep hearing about how coffee farming is fragile and supply is endangered or limited, but the commodity trades like crap

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The daily pattern that never ends.


"It works until it doesn't." And there's no better time for a bull honeydicking than end of week action. I have a sneaking suspicion that something changes here and bears get trapped but it's nothing more than a gut feel. Sat on my hands all day today.
 
Preston said:
The daily pattern that never ends.


"It works until it doesn't." And there's no better time for a bull honeydicking than end of week action. I have a sneaking suspicion that something changes here and bears get trapped but it's nothing more than a gut feel. Sat on my hands all day today.
Click to expand...

True. I don't mind if the bull run continues -- got calls in a bunch of names working for me (EBAY, GWPH, WORK, AAXN)

But some bear porn caught my eye, namely whales are buying VIX calls in ridiculous amounts, reminiscent of February action.
 
Interesting. If I'm a bear that wants to drive things down, I'm pretty excited about the timing. Volume once again is sad. Bears have been pathetic, but there is a clear sign of bull fatigue this week for the first time in a long long time. We will keep grinding up as long as bears are absent but as the saying goes... They're absent until they're not.
 
Good lord volume today is nuts. Hm definitely some signs that bulls may not have enough juice to test the 295 highs.. Could be topping out, but bears have to stop hibernating. It's there for the taking.
 
Internals still look pretty good, and as I anticipated yesterday some tech money is indeed rotating into financials.

XLF is up 1.56% while QQQ is up .81%.
 
Yeah, usually consolidation begins after the tech money rotates to other sectors and they get their burn. But bears don't necessarily have to sit back waiting for that to happen. Especially when you can clearly see telltale signs of fatigue. Hmmm I'm getting a tad skeptical of bull continuation for the first time since March.
 
The bulls need Zeke to post his Dow chart. Bears usually crumble when they see that.
 
One of my penny weed stocks after scuffling for weeks up 133% today, lol. Torn whether to sell it and cut my losses or hold for a bit more.
 
Things are looking tightttttttttttttttttttttttt. Still have a feeling we may break bullish today but I've got my bull caution hat on heading into next week or two.
 
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