Good morning, Chart Pals –
Please click on the attached link to see my slides from today’s 22V Research team-webinar. The title of my chart packet is, “Escape from New York.”
There are 34 pages of slides and I cover / review –
The bubble price action for a select group of stocks and the SOX and the KOSPI, but believe there is no broad market bubble.
Also, I continue to look for rates to work higher (“…the bond market never lies.”) and gold and silver to work lower (rates are rising and that’s a negative for the metals), Bitcoin to continue lower (target remains 40,000), MSTR and COIN will work importantly lower, too. I continue to like Energy, rails and the KRE.
All Excel charts are courtesy of 22V Research.
Please let me know if you have any questions.
John
PS – The Escape from New York title is not a metaphor for New York currently. Although it may be…
