Monday, October 19, 2026

Stock Indexes Stretched

 10/19/2026

It is advisable to enter a ladder of orders in PSQ bear NASD and SH bear SPX

By that I mean buy orders progressively lower say  5% apart. 

TLT is completing a counter trend rally, I think it has a bit more left but again time to place a ladder of buy orders in TBF expecting higher yields.

 Silver is probably lower.

 Real Clear Politics has six Senate race trending Democrat. That suggests Dems will take the House, and now the Senate. WSJ reports Trump aids are hiring lawyers for defense. Expect a repolay politically of 1973-74 Watergate with the Dems savaging Trump as they did Nixon.  The markets are likely to fall with all that negative mood. 

More tomorrow. 

 

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