Posted first at Capitalstool. Join the fun. Not only is the Fed behind the curve on inflation, it’s behind on hiking the Fed Funds target…
Originally, posted at Capitalstool. Join the fun! Well, everybody said that the euro was headed to parity with the dollar. This morning, the goal was…
Well, today is the first day of the rest of my life. Come to think of it, it’s the first day of the rest of your life too. What a coincidence! So, what are you going to do with it? Something good, I hope.
For me it’s a milestone. Today I closed o…
Or maybe parody? Talking about the EUR/USD, natch. Parrot Tea It’s going lower. The conventional measured move implication on the weekly chart is $0.80-0.90. The…
Sounds good to me right now. In fact, it is a good time to take a nap on the beach. Under an umbrella! Seriously. I’ve…
First posted at Capitalstool. Join the fun. The BTC boys have given up the ghost today. The ghost of a rally that is. They couldn’t…
Today is 7-11 or doubles day.
Just FYI.
It’s also a day where the bulls, if at first they don’t succeed, try, try, try again. This is unlike the bears who, when things aren’t going their way, throw up their hands in despair and disgust, co…
Cycles- The cycle picture this week is a mixed bag, with the edge to the bulls. The bullish outlook hinges on there xxxxxxxxxxxxxxx this week.…
Originally posted at Capitalstool. Here’s the 10 year Treasury yield on a continuous hourly 24 hour basis. If it drops under 2.975 then another pullback…
I want to start with the 5 hour bars of the ES, 24 hour S&P fuguetures so that you can see just how significant this resistance area is. It will be no easy task to traverse the 40 points (1%) between the high of 3910 hit overnight, and the upper re…