Gold is due for a 13 week cycle upturn. Here’s what needs to happen. Non-subscribers, click here for access. Subscribers, click here to download the…
Almost no one came here yesterday. Ghost town. Crickets.
Could it beeeeeeeee-eeeee eeeee?
THE TOP? One reason to suspect that they will Make it so, is that the May 19-22 anal log is still working out. This is the hourly chart of the ES, 24 h…
This is a new low. And not the kind of low I enjoy. I can’t remember a time I’ve felt more despairing about the state of the market than right now. From June 16 to August 16 of last year, we had a two month ascent that I thought was the…
If it’s artificial, then it’s not intelligent.
The debt ceiling issue has been settled. Investors breathed a sigh relief and bought stocks. But they did it on margin, because the cash liquidity…
It’s D-Day, one of the most important dates in world history.
The stock market is sanguine.
I’ll be back.
For moron the markets, see:
The Bulls Are Full of It June 4, 2023
Incomprehensible, That’s What You A…
I don’t completely concur with Jimbo’s idea here, but it’s an interesting way to look at it, and I absolutely agree with the conclusion.
Fact is that deposits are declining dollar for dollar with QT. Nobody is fleeing the banking syste…
And they should be. There’s just not much in the technical picture to think otherwise. Most projections and indicators point higher in the short to…
It’s not a close call. If the Fed “Skips” policy tightening at the June 14th FOMC meeting, it will be yet another big policy mistake. The long string of errors has greatly damaged the Federal Reserve’s inflation-fighting credibility. It has also pro…
CUSIP: 912796XQ7Term and Type: 38-Day BillCMB: YesHigh Rate: 5.250%Investment Rate: 5.367%Price: $99.445833Allotted at High: 14.00%Total Tendered: $170,054,000,000Total Accepted: $50,001,240,000Auction Date: 06/02/2023Issue Date: 06/05/2023Maturity Dat…
