FEEDof its counter-trend rise.
Well, the tech bulls did it; the /NQ futures have pushed above a line that has proved to be formidable resistance for weeks, until this morning: The real question is – – will this be a setup to assault the lifetime highs (made on Novemb…
As 2021 heads toward its end, the market has its 69th record high looming on this first day of the last week.
OK, this is going to be an unusual post. It has nothing to do with charts, or finance, or theology, or philosophy, or my personal life. It has to do with a hardware product called the Milwaukee M12 Airsnake. There are three relevant facts here: (1)…
If you are not familiar with the term “zombie company”, it is an organization whose earnings before interest, depreciation, and taxes are insufficient to cover the interest payments alone. Here are 7.
In another hallmark achievement for the Wall Street Analysts, I present to you symbol ALLK, which represents the company known as Allakos. As can be plainly seen, the highly-paid analysts are providing their clients with price targets ranging from …
Here is what the Dow Industrials was doing in 1929, leading up to its peak. And here is the S&P 500 as it was starting to get wobbly.
After three terrific days of weakness (last Thursday, Friday, and then today, Monday) it can certainly be argued that the bulls are going to mount a counter-offensive.
The cover curse abides.
Weeks ago, I wrote my premium members asking Will the Rainbow Crack? (it did!) and since then Bitcoin has endure a slaughter of about $25,000 or so. It’s ugly stuff. More important than that, my view is that the entire crypto space shifted fr…
