Ep210: The House of Cards Is Crumbling. It Just Won't Tumble.

So over on the kind of like the snap view, the stock indexes are like the frustration continues.

And like, why aren't we seeing A crash, that's the big question that continues.

The number of stocks above the 200 period moving average is the most since April.

Seasonality is on our side, and my sanity continues to crumble with the S&P and NASDAQ pretty much holding near those highs.

Yeah, those are all-time highs.

The Dow is obviously selling off.

The Russell is selling off.

Dow's down about 6% over that same period.

The Russell is down about 8.1%.

They're all thereabouts since the August highs over about 31 trading sessions.

So in other words, that fast move in a short space of time isn't happening, but there are bearish moves.

That bear cycle is happening.

It's just not happening on the S&P.

The AI stocks are pretty much propping up the market like Atlas.

Anyway, we have until kind of early to middle October before that bear seasonal cycle.

We're kind of out the equation there.

We start going into October with a bullish hypothesis.

in that the seasonality suggests that October is usually a really strong bullish move.

Now the caveat to that is, it's usually after a bear cycle that we see some of the strongest bull cycles in October.

So we've still got a couple of days to, you know, just hold on to the hope that we may see that corrective move, but certainly as we get past that middle month hump in October.

There we go.

There we go.

We get past that middle month hump, then we'll be certainly in that bull cycle.

We can stop talking about it.