UPDATE March 16

- REGULATORS  -

I only wish they were that good. or honest. or loyal. or anything that would resemble an empathetic human emotion... instead, we get this:

That leads to this:

Meanwhile iam does this:

Which leads us to where we are now:

Everything is expensive, and the cost to live keeps going up. Inflation is NOT under control. Banks are sick. They have gotten used to easy money (QE), which led them to make poor returning investments, and now that is coming home to roost. Their Assets, Liabilities and more importantly, DURATION are not in line or balanced. Any withdrawal imbalance forces liquidation of losing assets. Every one of these banks is a run away from bust. That's why the government and media are telling you to be calm. Your money is only safe in the sense that the government will now back your loss. But what is the cost of this??? Trillions???. The average bank account would not cause a problem. But when you can get a greater safe return (treasuries) outside of a bank, why would large account holders leave their money in a bank account when you could buy treasuries? When this money started to leave, it created the problem... All that being said, the market will do what the market wants to do.

There is news released an hour before the market opens. Jobless claims, Home numbers, and Manufacturing data. It might move the markets. More important is that Europe 15 minutes before the US stock market opens will decide on their rate hikes. Do they fight inflation or appease the voices. Here is a rule that is very true, and all that TA is - a PERSON - is smart, rational, and unpredictable. PEOPLE are sheep, easily led fed and slaughtered. All TA does is to show where the sheep are being led. What iam saying is that listening to PEOPLE is rarely in YOUR interest. That's my spiel for the day.

I have bigger issues. How am I going to win my bracket 🏀 😆

Nothing matters until numbers, then 45 min later, the EU rate decisions. Here are some charts:

iam opening another NEW short today. A bank poked its head up, and iam hoping to lop it off.

Be Safe, Be Careful, Be Wise

and as always

Good Luck