07/04/2025 Weekend Update
Posted: Thu Jul 03, 2025 2:29 pm
Up 2 weeks in a row, the next week has 54% chances to close up, 76% chances to make a higher high.
So more up.
So more up.
All systems go.
Ready to climb the Wall of Worry to even higher levels.
What could stop it? Maybe a Supernova.
All-time high.
EMAs 20 50 100 all up and in the right order.
Pushing the outside edge of the Bollinger.
Any concerns? Well, yeah. It seems to be climbing almost in a defiant mode: to Hell with tariffs, economic issues, debt, war, cultural issues, et cetera.
Overpriced market? Maybe. Is it over exuberance? Maybe not. Is it euphoria? I don't think so.
''Off we go into the wild, blue yonder.'' Maybe.
The risk-on money is there.
Be careful.