The final list of double screened output for last week resulted in a near tie. There were 28 charts with multiple buy signals, and 27…
The gradual flattening of the CLI is now visible. Starting in June, it should turn negative. The Fed will begin literally removing cash from the…
The S&P hourly 24 hour ES fugutures chart seems to have set up a beautiful bullish base.
Pass or fail?
The answer is 3960.
Above that, they’ll run it back to 4000, with a measured move objective of 4050-4080.
Other than that…
Last week’s low took out the prior low. The market has been making lower highs and lower lows for over 5 months. That’s a bear…
It would be easy for make an argument for either side at this point. For the bulls, one could argue that the market is deeply oversold and long overdue for a powerful counter-trend rally. For the bears, one could argue that the topping pattern is n…
Remember the marvelously-named Glauber Contessoto? Of course you don’t. But you may recall him by his more famous moniker, the Dogecoin Millionaire. He put his entire life savings into Dogecoin, and for a while, it seemed like a very lucky ch…
Esther George could not have been much clearer. Inflation is too high and must come down. Financial conditions must tighten, and financial markets are a key monetary policy transmission mechanism. And the Fed today has little clarity on how far this tightening process will need to go.
We are going to be heading into the darkest times of our lives in the next couple of years, and what we’re witnessing now is the financial shot across the bow.
FEEDWell, I saw this coming (you could see it from a million miles away), but it was too annoyingly strong for me to do anything about it. But Deere is getting blown to smithereens, in a series of harsh gaps lower. Here is a multi-decade chart You can …
Cathie Wood’s new price target on Tesla is $4,600. In other words, about $4,000 higher than now. She honestly said this. Seriously.
