Meanwhile, back at the stock market at 4 AM in New York, 10 AM in Paris, and 9 AM in London, it’s dead cat reaction time. At 8:45 AM ET yesterday, I was able to project a 5 day cycle projection of 3760, on the ES 24 hour continuous S&P fuguetures, …
The 5 day cycle projection of 3820 on the ES hourly 24 hour continuous S&P fugutures of 3820 has been reached as of 3:45 AM in New York. However, The measured moved target is 3450. Keep your seatbelts fastened and brace for impact.
Mea…
The FED printed trillions in 2020 and 2021. Did the value of all those printed dollars appear from thin air????? No it did not. It…
There is a new bond in town. 1/ It yields the CPI%. 2/ Its tax free. What a great investment!!!! Clearly superior to TIPS What…
The first shoe has dropped. Now we wait for the other. Will it be a long wait?
Maybe not. There’s a current 5 day cycle projection of 3980-4000 on the hourly chart of the ES, S&P 500 continuous 24 hour fugutures.
That’s not far from whe…
Crypto has no intrinsic value… .no stream of free cash flows stretching into the distant future to pay dividends etc. But as it has a…
Anyone who purports to know the direction of the short term breakout, You’re a better man than I am Gunga Din.
Meanwhile, no such indecision in the money market, where T-bill rates show the Fed where the market actually is so that the Fed can use …
They’re killin’ us with boredom.
The old guys used to say, “Never short a dull market.” Well, I disagree this time.
But I don’t know for sure of course. There’s a very narrow decision zone on the ES S&P 500 24 hour continuous fuguetures….
I’m talking about buttcoin (BTC). This sucker is getting ready to drop its load, big time. First it has to suck in all the buttcoin bulls. It does that with those repeated pops every time it pierces apparent sport 30K. But watch out buttcoin fans. You’…
First they bore you. Then they excite you and suck you in. And then they drop the hammer.
We’re in the boring stage.
One thing is for sure. The longer this goes on, the longer it will go on.
The levels to watch are 4190, …