Economic Nationalism

“As every individual, therefore, endeavours as much as he can both to employ his capital in the support of domestic industry, and so to direct that industry that its produce may be of the greatest value; every individual necessarily labours to render the annual revenue of the society as great as he can. He generally, indeed, neither intends to promote the public interest, nor knows how much he is promoting it. By preferring the support of domestic to that of foreign industry, he intends only his own security; and by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention. Nor is it always the worse for the society that it was no part of it. By pursuing his own interest he frequently promotes that of the society more effectually than when he really intends to promote it.”

– quotation from Chapter II of Book IV of The Wealth of Nations

Adam Smith

Today’s (Sanitized) Thoughts

Twitter Posts

Resolve ow.ly/by8b30kVDpA #EMWS Elevator was up today, stolen range RTH ow.ly/BvzQ30kVCkc

E [12:30 PM] 2800.25 is target but not guaranteed #EMWS no guarantees or gimmees in this business

6:57 E boyz may want to print 2800 + by the weekend #EMWS protect profits now stops up time and price

xx: cant know which direction yet 9:13 E no, but odds say if trading now convenient trade is short side. wont work 100% of time but better edge over time. if always buy highs at end of overnight session, will win some and some big but often be stopped out before trend up resumes

A “handsome” chart ow.ly/APBg30kVjTq #EMWS

11:28 E if want higher have to stay in trade and manage, slope is up.
so xx agg support for the 96.5 gap maybe mirror image today to yesterday
primary trade may not be done may make one last attempt b4 noon
E [11:58 AM] bingo mania #EMWS

E [8:57 AM] stop 94.25 for scalp short 9:32 E i prefer scalp short try 9:47 E God Bless America 82 flip zone hit 9:48 E paid all if short i like original premise be done 85/82 #EMWS

Any swing shorts that held over should be stopped out ow.ly/fZoV30kUXRj #EMWS 78 support until broken, 82 agg support ow.ly/1G8I30kUXYS 92/94 agg resistance premarket

Wednesdays late posts for context

TT, ow.ly/dJ8430kUI4D

On my head john, sorry 🙂

Lobster’s at Lenny’s with Ruth Ellen and great friends Scot and Heather. Took no prisoners.

3:21 E swing traders will take chance overnight if under 82 #EMWS ow.ly/NKM530kUuh9

3:12 E 74.5 new rth angel 3:19 E last call for day trade shorts 77.5/76.5 is target area. below is yippie kay aye #EMWS

E [2:41 PM] shorts may be risky now i think conservative stay sidelined if get 2 points fine but 77.5 is key magnet area #EMWS lock profits and relax

2:33 E pfs by 80.75 low is in for day most likely and we take out 82.75 b4 day over i think just to run stops on shorts so using 82/85 again as resistance
Boyz are sneaky pete this is nice z pattern keep profits if any #EMWS

Keep it Simple

The E-widget simplifies things. It takes a majority of the studies on the #EMWS spreadsheets and automates the process.

The drudgery of data entry is being replaced by artificial intelligence.

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Being held captive to an abacus or old school Broker with antiquated tools is like using a handsaw instead of a power saw.

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For those viewing E live, support and resistance targets will be demonstrated using The Emini wizard Sytem. Value: You do the math

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