The stock market seemed to make a 13 week cycle low in the expected time window late last week. But as we watch in horror…
I’ve been doom scrolling my newsfeeds for the past few days, not getting much work done. What a catastrophe. War in Europe, just 120 miles…
Crypto’s massive rally in the last 24 hours hit a 10% gain. But it doesn’t look so huge on the chart. It’s just a function…
Yields are going higher, and short term money rates are going higher. The Fed must either rubber stamp the move in the 13 week bill,…
My interest in the price of the euro relative to the US dollar is personal, since I happen to live in France now, and my…
I’m 71 years old. I’m an atheist. I don’t believe in prayer. I am also a pacifist. But a time comes when it is necessary to support the resistance. Whether it be against the outrageous Russian attack on Ukraine, or the bullish attack on 4300 on the ES,…
Since time immemorial, in other words ever since there’s been a US Treasury market, whenever there’s a world crisis, professional investors have always sought the…
Flight to safety in crapto currencies today. Safety, aka cold hard US dollars. I stick with my analysis that, because of the unlimited, endless, infinite…
I just feel sad for my friends in Ukraine.
I feel sad for my friends in Poland, and I worry for their safety too.
I feel sad for the world.
I feel sad for US!
You know how I love to joke around.
Not today.
Here’s the technical picture and outlook for today.
From the perspective of the 2 hour bars on the 24 hour ES S&P futures, it looks like it could be. But then again, there are multiple short term downtrend channels that have yet to be broken. And when bottoms like these drop out, the market can cras…