Stocks posted their fourth straight weekly loss across all three headline indices this week, but more important than that they proved convincingly on Friday that the market is as fully intoxicated as I claimed in my recent article, “Hopium Floats.”
The path of indices through the day looked like a side-on view of the flight of my lunatic crow (sole heckler) just before he hits a wall at the end of his day and slides down it to the ground: Continue reading “Market Loses its Hopium-Induced High, Falls Four Weeks Straight”

