I got this great question from a Liquidity Trader subscriber a couple of days ago. Hi Lee, The NY FED issued this notice last Thursday.…
The ES fucutures are trying to form a bottom as of 5 AM in New York. Downtrend channels remain in force, but will be challenged at 3900. The battle will be fought and decided at that level.
I will be back later this morning with a live repor…
The upward path of prices got slammed at midweek, just as the S&P 500 had crossed the centerlines of a couple of channels. The index…
First, I want to repeat something I wrote in January: 1/18/21 A while ago I made the huge call that the stock market would follow…
I have warned for several years that such stock retirements are a two way street, that when prices get high, companies will reverse course and start issuing more stock. That is starting to happen.
The rights of ownership of an asset are the right to control, the right to income, the right of exclusive use, the right to sell.…
Originally posted at Capitalstool. Here is my stock screen spitout for today. These are not recommendations. I figure you stoolies know enough that you can…
The issue is not inflation. The issue is not economic recovery. The issue is not rising yields. The issue is not interest rates. These are all second order effects, or wholly tangential. Here’s the real issue.
There are red channels on the hourly charts of the ES fucutures. Are they going lower this morning?
Ten days ago I posted: The current move projection on the 10 year Treasury yield is 1.70. Longer projections point higher. I update that regularly in…