northwestdr

Is 7002.28 memorable enough for a LT top? I think it could be.

Well, at least this is back in Fear territory, barely (even though I consider it a flawed indicator).

@DetHockeyNow Faulk is a decent player, but we overpaid for him

Red Wings likely surrendered No. 15 pick detroithockeynow.com/detroit-red-wi…

@QuantifiablEdgs The controlling goons practiced on silver, $ORCL, etc.

$SPX and $NDX have both gone from a 100-day low to a 200-day closing high in 11 days. $SPX has never done it that fast before. (12 days 10/31/2014 was the closest). $NDX did it once (1/31/1985). So...wow.

I am definitely astonished that $SPX made a new ATH today, with awful "news," although some other indices, such as $DJI - #DJIA did not. So, now what? There is a *possible* megaphone top in view, so I will monitor that.

@OctopusThrower_ NOOOOOOOOOOO

One NHL analyst believes that Elias Pettersson is a perfect fit for the Red Wings: octopusthrower.com/nhl-analyst-be…

@KobeissiLetter An impressive bear-market rally

We are witnessing a historic rally: The Nasdaq Composite has finished green for 10 consecutive trading sessions, the longest streak since November 2021. The index has rallied +13.7% over this time span, the biggest recovery since 2022 and the third-largest since 2009. If the streak extends to 11 days, this would mark the longest streak since 2019. The S&P 500 has also been positive in 9 out of the last 10 trading sessions. The market is experiencing one of its best recoveries this century.

@AshCrypto This must be a big reason the stock market rebounded, despite horrible news

BREAKING: 🇺🇸 The US Treasury has bought back a record $75.6 BILLION in debt so far in 2026. This is the largest buyback in any 3–4 month window in the modern history.

@SqueezeMetrics @p_gammae $DIX did not look encouraging for me to short in the past few days, but you are the guru about that

@p_gammae Pain.

.@SqueezeMetrics whenever the lemon positions start bleeding, he’s back on X… doing timepass and praying for a miracle How does it feel shorting SPX… thrilling or just slow pain with extra stress?

With $SPX hovering just below its ATH, I am expecting Trump to suddenly show up and say something about how great things are going, to pump it over. Of course, that's when Bessent will deploy a salvo of Treasury money, simultaneously, to stocks or futures (or even options?).

Updated $DJI - #DJIA Unfilled Gaps chart.

Algos use silly, simple inputs

$SPX keeps bouncing off this silly moving average. 👀

As $SPY is back by all-time highs, equal-weight $RSP is not, and it is even negative today.

@RealAranwu @SqueezeMetrics Who is Jimbo?

@SqueezeMetrics Jimbo is always right

Wow.

Interest rate down today - $TNX. Still in the middle of a long triangle.

From below the lower BB to above the upper BB in 10 days, with expansion.

@LGRWProspects Pretty weak credentials to get signed

Should be a really good culture guy for the griffins for the next two years. #GoGRG

Bessent and the goons might actually want a new ATH today.

🚨The US stock market has never been this OVERVALUED: The Buffett Indicator, which measures total corporate equities relative to GDP, rose to 232.6%, the highest level in history. This is well above the 2000 Dot-Com Bubble peak of 162.6% and the 2021 market frenzy high of 218.7%. Since the Great Financial Crisis low, the ratio has risen +163.6 percentage points, or more than 3 times. US equities are in uncharted territory.

/ES hourly RSI over 82 now.