Watch out if they break out of the latest massive inverse head and shoulders pattern.
Lindsay Williams interviews Lee Adler at Strictly Business Podcast, asking Lee to explain why yields are falling when inflation is rising. The answer is simple.…
Here’s a weekly chart of the S&P 500 over the past 15 months. Perfectly mor
When we look at the hourly bars, we almost get the idea that it’s a normal market that goes down as well as up.
But we know that it’s not. The 5 day …
I don’t know, and neither do they. But there’s ALWAYS one good reason, with good reason, and we know exactly what it is. Unlike Wall Street’s PR machine, what we know, is actually useful.
Gold has been rangebound and mining stocks have looked terrible. Both are entering periods of elevated risk. Subscribers, click here to download the report. Try…
So we had a nice selloff yesterday. 2% woop de doo.
The pundits got busy early, when Your Rope failed to mount its usual recovery from Asian selling. It’s the Delta Variant, they said. I wonder what they’ll say about today’s rally.
Oh, the De…
We’ve been following the story of the US Treasury paying down outstanding T-bills since late February. $680 billion of paydowns led to a big turnaround…
I often refer to rangebound markets as meat grinders for swing trading purposes. The more tightly rangebound they become, the more false signals are generated, and the more whipsaws there are. This market certainly qualifies. Last week’s list got ground to a pulp. All 6 picks had minor losses. Two got stopped out, and one will be dropped as of today’s open.
Because he’s a knockoff.
Meanwhile, it’s the middle of the night in New Jerk, Asia is in later afternoon trading, and Your Rope has yet to open. As usual, Asia has copied the US market and continued the selloff. They’ve almost reached an appa…
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