Originally posted at Capitalstool, the Stool Pigeons Wire Last week, before the Saturday Night Slaughter, BTC’s one year cycle projection was 12,000. Now it’s 1500.…
Check out this overlay of the hourly chart of BTC with the 24 hour ES S&P fugutures.
Obviously, this doesn’t show cause and effect. Some correlations do, but not this one. But it sure as hell shows correlation and concurrency. Most asse…
Mohammed El Erian might just be the King of Wall Street hot takes. They’re almost always bad. Very smart guy, too. But another Fed apologist, Wall Street shill.
El Erian’s comment pretty much nailed the high of the day, just like my Ao…
The Wall Street Journal, New York Times, CNBC, Marketwatch, Reuters, Bloomberg, and other orifices’ reported today that the Wall Street Bureau of Measures and Professional…
T-bill rates continue to show the Fed that it must raise the Fed Funds rate 100 bp if it wants to keep pace with the reality of the market.
RRPs are overnight money. MMFs have their very short term (VST) T-bills called away. They turn th…
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…