FEEDJust look at this! Volume is withering up so quickly, it’ll soon be just ONE guy (Jerome Powell) and his ONE trading account. Notice how everyone rushes for the doors when the market is selling off but it’s just crickets during these to…
FEEDNot a week goes by that I haven’t done a bearish post about Brazil (that is EWZ). This is just the gift that keeps on giving. I see no reason that this thing won’t just keep collapsing, as it has been doing for months and months. Oh, wa…
A moment of silence, please: It was 34 years ago today that the market crashed, which prompted the government to “help” everyone and begin the slow, merciless strangulation of natural, organic, capitalist equity markets. People used to …
Chart.
On Tuesday, after ten years of effort by all kinds of organizations, the very first Bitcoin ETF will start trading (symbol: BITO). In anticipation of this momentous occasion, let us take just a moment and consider that: There is going to be an exch…
One of my put positions, Royal Caribbean (RCL) cracked a medium-term trendline: I see good things ahead.
One of the reasons that I like crypto is that it never stops trading, so even on weekends, you can get a sense as to how the Asset Animal Spirits are doing. As I’m typing this on Sunday afternoon, crypto is on the weak side, and it makes me w…
I read that the Forbes 400 list of the richest people in the U.S. had some new entrants thanks to the crazy-wild success of Moderna, a company which should drop to its knees and thank the disease gods every single day for Covid-19. As a chartist, w…
Yes, stocks have surged this week, but the breadth over the past few months has been steadily grinding lower. And then there’s this piece of evidence……..
Sigh. Downtrend broken. Lower highs violated. Bulls seize control yet again.
