Crashes happen when apparent bottoms drop out.
Good morning from Nice, France. Today is day one of the world famous Nice Carnaval, a 16 day party that engulfs the center of this gorgeous town in the heart of the Cote D’Azur, the French Riviera, and my first as a resident of France. It shouuld be fu…
The Federal budget deficit is shrinking as the economy experiences an inflationary boom. This is just what the Fed was hoping for, but inflation has obviously gotten away from them. It will only get worse as the lagging rent component of CPI will push the total index higher, even if and when the other components begin to moderate.
Definitions from Oxford Languages
wend
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gerund or present participle: wending
go in a specified direction, typically slowly or by an indirect route. “they wended their way across the city”
Merrily we wen…
From the Department of Deja Vu, I give you this. As I look at this in my old age, I say, “Haven’t I seen this somewhere before?”
So the cucaracha has come out of the many cracks in the market over the past 5 days, leaving his dark and dirty lair …
Subscribers, click here to download the report. Over the 4 days Feb 1-4, 45 charts of the 52 that I track, had at least one…
And a-waaaaaay we go!
I’d now put the 1 year cycle projection at 2.15.
Meanwhile, the big picture:
Patience, Patience! Grrrrrr….
Raggedy Market Has Ambitions
Don’t Be Fooled, The Economy is Still Growing And Still…
The extra layer of screens that I instituted for swing trade chart picks last week, and a cooperative market, paid off in a big way. Woo hoo!
But will it work this time? The overlay of hourly BTC on the chart of the ES, S&P futures, shows time and again that BTC leads the US stock market by an hour or more, and usually diverges by at least a day or two ahead of the market. Stocks follow …
Cycle screening measures screamed higher in a pattern similar to October-November 2020. That led to a breakout and long upleg. It doesn’t guarantee the same outcome here, but we need to be cognizant, and prepared for the possibility.