The Persistence Of Memory

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The Persistence Of Memory

It’s Friday, It is Sept 18 and it is 2020. That means we are 18 days into what I always refer to as the 2 wackiest months of the year, Sept and Oct in what may be the wackiest year of all time, certainly of my lifetime. Loyal viewers of my post will know that I love to watch the charts. Charts are pure. They give us the true story in a picture. They are like art work. But I’ll tell you, the artwork we are seeing in the markets today is reminiscent of Salvodor Dali’s most famous work, The Persistence of Memory. You know the piece. It’s the melting pocket watch. I can’t help but wonder if the market is painting its own self portrait with a surrealist brush. Unless you 100% ignore the news, you know the NASDAQ has been the center of attention and for good reason. Sept 2 witnessed the start of the mini rout and make no mistake about it, it was a rout…