Broken window fallacy.

Week 12 - Weekly Equity Update

The SP500 going sideways does that feel like a crash after only going up for so long?

If we look at the period between Dec and Jan OpEx straddling the holidays we also had a flat market.

You can quickly burn off the momentum through time consolidating, it doesn’t always have to come through falling prices.

5050-5085 are the decision points at the index level.

“The window of weakness” I wrote about that a lot. Imagine if we put weight into talking points and not just what prices were doing.