Market On Open, Friday 13 September

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Bully O'Bull Market ... For Now

by Alex King

Of course I am biased, have a big dog in the fight, all that, but I have to say folks - if you're not a member of our real-time services, of which Inner Circle is the best, you really should be.

It is surprisingly difficult to have an actual discussion about the direction of markets, because everyone has an ax to grind and a position to protect and, usually, a big ole corner office and fat bonus to either (a) defend or (b) win.

So in the old world where this stuff happened in buildings and the protagonists were mainly called Mike, Chad and such, rationality didn't really come into it.

In the new world, where you can move money around all by yourself armed only with your own wits, a charting toolkit and a brokerage account - and don't underestimate your ability to get really good at it in time - and where nobody is sparring over the seat next to the up-and-coming-MD, well, live discussions about whether a chart is pointing up or down are really valuable.

In one of our live, open-mike (not Mike, he's barred, never stops shouting his own opinion over everyone's objections) webinars yesterday we got a slew of great questions from our super smart subscribers that really focused the mind on how to reconcile what is going on between the weak sector ETFs (tech, semiconductor) which look ready to rock and roll, and the S&P500, which is thinking about rolling over and playing dead soon - at least if you squint at its chart in just the right way.

I won't spoil the conclusion - you should join up and join in, not because of some Oracle level knowledge here at Cestrian Towers, but because for a modest subscription fee you get to join a whip-smart community where, shocker, folks are actually trying to help each other make money. (This is why Mike is banned. Usually he's to be found trying to hack somebody else's P&L to slide all his own bad trades into their account).

So. Inner Circle. Join us. Prices rise 1 October, unless you join in September, where you keep your day one price for as long as you remain a subscriber.

Here's what folks think about the service by the way.

Short- And Medium-Term Market Analysis

Now let's go look at some Stonk Charts.