Originally posted at Capitalstool Yesterday I called attention to the fact that $57 billion in Treasury coupon paper was settling, and that that should put…
Last week I pointed out that the breakdown of the top of the latest rally in the ES, 24 hour S&P 500 fugutures, resulted in a conventional measured move target of 3900-3910. We are 10 points above that as of 5:30 AM New York time.
They tried…
Falling prices destroy more money than the pittance that liquidation transfers from buyers to sellers at the margin. The losses in margin accounts is far greater than the cash received by sellers. And remember, it’s just a transfer. The buyers of the f…
It was probably the fact that I added more swing trade short picks yesterday.
Meanwhile, I’m going to take the day off today after producing 4 big reports since Friday. And on Saturday I rigged up a temporary hookup for my brand new Bosch Automati…
This is the opening for my Technical Trader report that I’m now working on and should be posted around 7:30 AM in New York.
Maybe this is a sign that the bottom is in. 😄
Meanwhile a look at the 2 hour bars on the ES 24 hour S&P fugut…
Good morning from Nice France, where it’s 2 PM on another warm bright sunny day with just a few high clouds. What else is new? Well, I’m getting a very late start, work wise. And I have much “real” work to do for you, so I will keep this short and come…
According to our Frankfurt correspondent, FXFox, a secret government entity staged an intervention in the US ES S&P 500 24 hour futures market at precisely 2:16 AM in New York, 8:16 AM in Frankfurt, Germany, and Paris.
To this observer, i…
Originally posted at Capitalstool. Wow. Check out this bullish chart. Here’s what it means for bond owners. The one year cycle projection on the…
Originally posted at Capitalstool Uncle Warren I presume thinks that the printing priesthood will eventually pivot back to the big print. The simple fact is…
For one thing, Rule Number Two – The trend is your friend – might not apply. Case in point the last 5 days. For more than a month before that, the market broke Rule Number 1 – Don’t fight the Fed. The last 5 days have been merely a gentle reminder of…