It’ll be interesting to see on Sunday afternoon, when the Globex opens, what the news about tapering plans will bring. I guess, deep down, everyone with a triple-digit IQ recognizes that any tapering will be swiftly and violently aborted if t…
A fresh chart of the percentage of stocks above their 200-day moving averages.
We here in the land of the free aren’t allowed to buy them, but outside the US, you can.
Economic data reports
Powell has continuously offered the canard that, yes, trillions of dollars of fresh fiat have been thrown into the market (mostly his banking buddies), but, magically, inflation will just be a blip.
I look at 37 ETF charts every day, and three of them are based on the largest and best-known Dow Jones indexes. Let’s take a quick look at all three.
Blind Squirrel mentioned yesterday that we’ve had well over 300 trading days without a single 5% pullback. Pathetic, isn’t it? What words leap to mind? Here are some suggestions: manipulated. Fraudulent. Fake. Canard. Illegitimate.
It’s been quite a 48 hours in crypto-land! Let’s review…….. Magenta zone was the crash. It was basically the equivalent of the Dow Industrials falling about 5,000 points within the span of a few hours. I got stopped out of 1…
The monthly jobs report just came out, and let’s just say this economy ain’t exactly roaring.
During my online banking experience with Bank of America, I had eventually become used to the endless parade of virtue-signaling graphics they kept hurling my way
