
Football is King


Those listening to insane, unhinged media are convinced that California is an unmitigated disaster. The actual facts don’t tend to bear this out.

As grinding as recent weeks have been, we at least can see a very plain line has been drawn along the median between the sellers and buyers. The new about the tariffs being zapped was supposed to be a mega-bullish event, but with the /ES up 0.73% and the /RTY up 0.04%, it isn’t exactly one for the history books. I suspect next week is going to be chiefly about one thing: NVDA’s earnings on Wednesday. In the meanwhile, the line in the sand have been plainly drawn for next week.
