The tally on my daily technical stock screens of 9000 issues on the NYSE and Nadsacs was 18 bullish and 26 bearish. That’s the best bullish showing in 9 days. But it was still wasn’t quite bullish overall. Here’s the list for your viewing pleasure.
A buttcoin is a cryptocurrency downside unit of measure. One buttcoin is $5,000. Buttcoins form when the price drops sharply. Bitcoin has now dropped two…
Stories matter to Wall Street and to most investors. And they definitely matter to the media. Without stories to tell, the financial media would not exist.
Yesterday, I wrote, “This is a top, no bout a doubt it.”
So then I post the hourly chart and it looks like this.
Today’s screen had 39 stock charts with good signals, 11 buys and 28 sells. One of the sells was an inverse commodity fund so that one goes in the bullish column. Therefore, 12 of the 39 signals were bullish. 27 were bearish.
European markets opened with a pop, turning hourly cycle indicators on the ES – S&P futures to the buy side. Those who went out short last night now face a “Come to Jaysus moment.” Whether they survive to fight on or not largely depends on two numb…
The Fed has been funding an enormous and ever growing confidence game for decades. The gangsters that run the game always get paid. Always. Related…
While I wish there was a basis for optimism, we need to be realistic. Here’s what needs to happen. Subscribers, click here to download report.…
In the March 21 report on bank deposits I mistakenly posted an old chart from January. Here is the correct chart through March 10 on…