The $QQQ flashed a major sell signal on 5/29/2023 and currently sports an edge of -26% and a discount of -4%. Inversely, $PSQ sports a long edge of 5% and a discount of 19%.
The Dow Jones Industrial Average flashed a major sell signal on 6/13/2023 and currently sports an edge of -4% and a discount of -1%. Inversely, $DOG sports a long edge of 1% and a discount of 4%. I am long $DOG from $32.92.
The $SPX is in the process of flashing a major sell signal with an edge of -10% and a discount of -7%. Inversely, $SH sports a long edge of 3% and a discount of 8%.
The Dow Jones Transportation Index has been a short from 2/2023 and remains weak.
Precious Metals are in limbo. I am a buyer of $SILJ under $9.15 $8.87 if coupled with a legitimate signal.
Exogenous risk to all asset classes is perhaps higher now than at any time in a century. But, per usual, we continue to invest in spite of the increasing likelihood of disaster.
As a sign of the times, I have been single-mindedly devoted to an EmComm project for the last 9 months. It was exciting, stimulating and grueling. The self-established requirements of the final product were ease of assembly, reproducibility, low cost, extreme broad-banded-ness (100 KHz-60 MHz), frequency agility, omnidirectionality, high SNR, low-loss, and portability. The objective required that one not settle for compromises typical of a project of this nature. It was an attractive opportunity for the same reason that our Odds Engine was an attractive opportunity: it required that many established conventions and accepted theories be ignored. As it has been completed, regular postings will now resume.
