Of course, shit like that happens when you’re 70 fucking years old, so I don’t know how significant this is.

And I have a sore throat this morning. Is that bullish or bearish?

Read on →

As you know, Dennis Rodman was one of the greatest rebounders in NBA history. Likewise, after his career, he always had the knack of rebounding into the spotlight in strange and mysterious ways.

Meanwhile, back at the stock market, t…

Read on →

The story is that the new COVID19 strain discovered in the UK is la raison du jour. 

The 5 day cycle projection is so far in the rear view mirror I can’t see it (3650). The 2-3 day cycle projection is 3590. 

Read on →

Here’s what’s scary about the hourly chart of the ES- the S&P fucutures. The 5 day cycle has been in a down phase since the Wednesday-Thursday overnight session. The December 9 high is cleared, and short term resistance seems set at 3717. If they go through that, this thing could go explosively higher. 

Read on →

I watched the dog and pony show yesterday.

Disgraceful dissembling.

Most of the questions and answers were, for our purposes, irrelevant and immaterial. They indicated just how little the Wall Street media subsidiary is interested in getti…

Read on →

The euro now costs $1.22 USD. I have now suffered 13% inflation in the 13 months that I have been in Europe.

Since the US still imports stuff from the ROW, I’d imagine we’re going to start seeing some of the impact of the horseshit weak dollar on…

Read on →

It’s Fed QE MBS settlement week. You can’t keep a market down for long when those billions and billions get pumped into dealer accounts. 

Read on →

At 6:50 AM in New York, the 2-3 day cycle projection looks 3700. No 5 day cycle projection yet. The uptrend channel line is currently at 3676, moving to around 3685 at the NY open and 3690 at noon. Bears’ task will be to break that. Otherwise, todamoon.

Read on →

Here in Europe when the business day started around 8 AM (2 AM NY) somebody dropped a big turd. The ES fell through support to the next support area around 3640. That’s the bottom of the current effective downtrend channel.

Read on →

It took me by surprise, I must say, when I found out yesterday, oh yeah, I heard it through the grapevine, that the market hit a landmine.

Read on →