In the category of greatest bubble in the history of the world, at least since Tulip bulbs, we look again at the wonder of buttcoin.…
In the downstairs slinky pattern of the last couple of weeks the ES fucutures sure make it look as though the US stock market is ready to roll over again. Ah, but not so fast! Here’s why, if you’re bearish, you’re likely to be disappointed.
Originally posted at The Stool Pigeons Wire. The chart is just so ugly. ES is back at the top of the downtrend channel again. The…
THE SOUND OF ONE BOND BUYER CLAPPING
So the FED buys $180 Billion a month.
It’s still not enough.
Here’s the chart. Today’s Buttcoin. To crash, or not to crash, that is the question. Yes, it could consolidate here. The keys are 47,000 and…
The current move projection on the 10 year Treasury yield is 1.70. Longer projections point higher. I update that regularly in LT.
I certainly haven’t, and I’ve been watching this crap actively more or less every day for the past 55 years. The market is become increasingly unstable, with a series of vicious rapid reversals, and wider swings both up and down. This has been going on…
The jobs report surprised to the upside. Everybody except us, that is. I had warned back in early February that the real time withholding tax…
In the department of give us this day, our daily bread, here’s an update on the current short term projection for the 10 year Treasury…
They say it’s a private currency. I’m not sure I’d call a speculative store of imaginary value backed by nothing, that swings 10% in value…