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Misc Stock Market

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Classic...$241.5 was June low and has been rejected 4 days in a row....down it goes.

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They really created a mess with Apple…it’s such a big weight in the SPY and Q’s. All the other mega caps are at or below their June lows, along with SPY/Q’s. Apple is still 20% above its June lows, can’t imagine this not testing that level and if it does what happens to the indexes. Just a mess.


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Can we get a big 2% down day, VIX spike and finally capitulate.

BOE blinked first...they are doing QE to prop up bond market while having record inflation.

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With the vix over 30 we are in the f bucket. not much works in the f bucket. But the BOE is going to destroy the pound to save their bond market. Just sit back and watch the fireworks as more things start blowing up
 
Going to be a banner rest of the week for stocks. Lots of interventions going on now to save the week/month/quarter.
 
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