The 24 hour ES S&P futures have moved to the edge of a significant breakdown here in the mid morning hours in Europe, approaching 4 AM in New York. If they hit the 5 day cycle projection of 3740, it would be a clean break of multiple sport trendlin…
Every time the bears look like they might get one off this week, they get squeezed. It’s 4 AM New York time, as I type this, that time of night where things happen, and here we are again. The ES 24 hour S&P futures are right at that line that must …
This post first appeared on Capitalstool.com BTC had a major trendline breakout yesterday on a linear scale chart. It was a 5 month trendline break…
Apparently there were a couple of earnings calls last night that didn’t go so well. The market sold off after the closing bell. But after getting squeezed relentlessly for a week, European bears woke up this morning in a mood, and they started covering…
From what I’m reading in the Wall Street propaganda sheets, the current market bet is not on a Fed pivot, but a Fed pause.
Or something.
But what difference does it make.
Money talks and BS walks. And all of the speculation on a P, whe…
October 2009. Yankees won it.
I’m leaving Barcelona today, heading for Toulouse for a few days.
I still like our chances here, despite getting chewed up in the meat grinder last week.
A fool and his money are soon parted.
The fi…
I have been warning about this for months and months. In fact, I started warning about it in August of 2020, and have never stopped.
In recent months, I’ve written:
The conditions that led to this have been obvious, not just for months, b…
13 week T-bill rates, a freely traded market, have now risen 93 basis points since the Fed last “raised” interest rates. Of course the Fed has never raised rates. It has merely tried, and failed to keep up with the actual market.
Now admittedly, …
It’s shocking just how fast market interest rates are rising, as the Fed and its Wall Street lackeys promote the false idea that the Fed is raising rates. The Fed is not raising rates. The market is rising on its own, and the Fed is merely treading the…
It took me by surprise, I must say, when I saw this yesterday. Oh yeah, my nuts are in vice, and it isn’t very nice.
The ES 24 hour S&P futures have had a wee reversal in the wee hours around 5:30 AM New Yak time. They hit a 2-3 day cycle pro…