The US Treasury will sell $191 billion net in new T-bills this week. How? They’re up against the debt ceiling. I guess they’ll pay down intragovernmental debt. But why. Why, O Load?
Does Madame Secretary want to force the crisis sooner rather t…
The 3 picks on the list last week had a zero week. The average change as of 10:20 AM ET this morning was +0.1% on…
Whatever chance they have to abort this launch is about to get smushed, here at 7:25 AM ET. A strong finish to this hour would indicate ignition and the launch of the bull into outer space. First stop 4010. Then we’ll see. Double top anyone?
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Well, maybe. It depends on what happens this week. Today, even. The cycle indicators give the edge to the bulls in the short run, but…
When we last looked at Primary Dealer positions and financing in November, it looked like the dealers were in dire straits. Massively leveraged in the…
But why? Don’t know. Don’t care. The Wall Street Illuminati are blaming the TSLA price cuts. We knew inflation was dead back in November. By the time the Fed wakes up to outright deflation it will be too late.
So today, if that’s the Raison du J…
There’s a tiny little top pattern on the hourly chart of the ES, 24 hour S&P fugutures at 5:20 AM New York Time. But it hasn’t broken down yet, and cycle projections still point higher.
What to believe. What to believe.
Well, if the ES …
Gold is in the process of a big base breakout with a new measured move implication that’s even higher than the last one. Miners look…
Whether this is a bear market rally or a new cyclical bull market matters not. My purpose here is not to fix the ills of central bank market rigging and excessive speculation. I’ll take whatever the market gives, and do my slanty headed best to report…
Finger patterns are a common feature of bear markets, less so for bull markets. And it’s never good to anticipate that a pattern will complete. But we should keep an eye on this. Because if it goes all the way in, bulls will experience the pain
If…
