NASD Reverses Course?

 Wed 10/14/2026

 Yesterday i suggested TLT might drop back. Well it did, briefly today filling in a gap from yesterday. It then reversed to a new high. Our bullish position in TLT is re enforced.

SOX semi conductor index finally tops

this is one of the tech indexes that has kept NDX and SPX up as the DOW has fallen.

MAGS Mag 7 fund

 Adding to the bearish indicators, MAGS dropped  1.92% as well today. Now see NDX next.

NDX

 

Note the similarily in SOX and NDX charts, both topping 10/6-7. RSI ticks below 50, PMO crosses down in a bearish signal.

PSQ Bear NASD fund

 

The 1.98% move up in PSQ is what we have been waiting for. time to place a ladder of orders at and below market for a very long term hold.

Crude oil rose to 95.09,another overall negative confirmation for markets. 

SILVER

A deflationary spiral  should track across multiple asset classes. Here is another example as silver fell a whopping 6.1% today, The 1981 Hunt Brothers high of $50 awaits.

 Our next target is below $50. Recall the parabolic high of this year was an amazing $120. Parabolic moves  near always reverse course, here is a great example of the long term picture.

 

Yes I have been bearish for a long time. The memory of the 1973-74  bear market disaster has never faded. I believe we are in for a repeat of that time as well as the dot.com and sub=prime crisis. 

Stay tuned. I am leaving for the TXCPA Educator conference tomorrow. Back this weekend,next update Sunday Oct 18.