On this last trading day of the year


Welcome to both the last day of the year and the last trading day of the year.

Last night’s brutal drop has, by federal law, been overturned, and we’re rushed into a very clean-up-to-the-minute trim pattern.

S&P 500 Futures Minute Chart.
S&P 500 Futures Minute Chart.

The only asset I’m enthusiastic about is. And, God bless him, this is a great start. May 2022 be a year of dynamite for gold, people and mysteriously form a sharp point.

Gold chart.

My most important position is the SPDR® S&P Oil & Gas Exploration & Production (NYSE 🙂 ETF, as I am strongly bearish on energy. It looks like it’s bleeding a lot.

XOP chart.
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