In Awe of Words

Hi Shoppers,


I saw this quote from John Steinbeck the other day:


The discipline of the written word punishes both stupidity and dishonesty.


Nowadays, with so many people being able to express themselves through so many outlets, I am afraid this statement is very far from what is currently happening.


John Steinbeck would be amazed at the current state of the world.


Twitter, TikTok, YouTube, Snapchat, Instagram and Facebook provide platforms for anyone who wants to say anything.


Oops, I take that back. 


You actually aren’t allowed to say whatever you want.


For one thing, you are not allowed to spread “misinformation” about COVID-10.


In Australia only the government is allowed to give out any information on the dreaded virus, everything else is “misinformation”.


In the US, these platforms will remove your account if they do not like what you are saying.


It would be great if the “free press” did their jobs.


Is there ANY news outlet that just gives us the facts?


How about holding the elected officials to accountability? 


Anyone? Bueller?



To continue John Steinbeck’s writing, he went on to say:


A writer lives in awe of words for they can be cruel or kind, and they can change their meanings right in front of you. They pick up flavors and odors like butter in a refrigerator. Of course, there are dishonest writers who go on for a little while, but not for long—not for long.


We can only hope he’s right.


On to the trading …


Looking at a Couple of Charts


The Invesco QQQ Trust (Ticker: QQQ) has a bearish engulfing candle that formed yesterday:



I think QQQ could trade back down to that support level at $383.


I am seeing a shooting star in Alcoa (Ticker: AA) with confirmation yesterday:



The shooting star signals an end to an uptrend.


I think if AA trades below the support here at $57.40, it could trade down to the $53 area.


Thanks for Reading … See You Next Tuesday!


Licia Leslie

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