The new global easing cycle has begun before the last one ended.
Clever markets. Many index charts have camped themselves inside tight key price zones ahead of the Fed meeting this coming week leaving potential for important breakouts or equally important breakdowns. The trigger […]
If you went panic chasing into stocks following Jay Powell’s ‘ready to act’ speech on June 4 on the expectation for imminent rate cuts you just got thrown a curveball: Economic data […]
There are many market charts to track and most headlines are focused on the $DJIA, $SPX and $NDX, but there are other key index charts of interest, especially at this time. I […]
In technical analysis one always searches for actionable patterns. The biggest mistake people make when applying TA is they see potential patterns and treat them like they’re valid. Now mind you there’s […]
Exhausted by the wild swings in markets? By tweets, daily newsflashes, central banks speeches, etc, all of which cause markets to move up and down on a dime leaving wide open gaps […]
Unemployment at 50 year lows, S&P 500 near all time human history highs and rate cuts are all the rage. Markets were screaming rate cuts and the Fed dutifully complied, first Bullard, […]
Game over. The grand central bank experiment of the last 10 years has ended in utter and complete failure. The games of cheap money and constant intervention that have brought you record […]
Please don’t anybody act surprised by today’s rally. We were oversold, we hit key technical pivots and a bounce was due, but the trigger was well advertised in advance. 13 Fed speakers […]
Let’s call a spade a spade: The month of May was a month of collapse. Collapse in bullish narratives, collapse in trade talks, collapse in yields, collapse in technical structures, collapse in […]
