Ugh. Here we go again. Is this the beginning of the Rigor Mortis Rally I warned about?
The hourly chart of the ES fugutures is beginning to look a little Armageddonish. The last downtrending sport level is around 4647 as of 8…
When the Fed creates money, it injects it first into the financial markets, before it ever sees the light of day in the banking system.
We know from the real time US Federal tax withholding data that the December jobs gain was NOT just 199k jobs. Withholding had a 3.2%…
So what else is new. Another bullish intraday pattern on the S&P fugutures (ES). The mini base breakout has a conventional measured move target of 4745. However, the 2-3 day cycle projection is only 4735 so far. There’s no 5 day cycle projection ye…
Who cares about stocks when you can watch the excitement up at Cape Wall Street where the launchpad is complete and the countdown is under way for the spaceship US Treasury Market as it heads for edge of the solar system and the outer limits of the Mil…
A long, long time ago, on December 29, 2021, a day that will live in famy, I wrote the following: So about this 38,000 point…
Tom Bodrovics interviewed me on Palisades Gold Radio last week. Tom did a fantastic job of leading me through the interview. Believe me, that took…
I don’t know how else to say this but,
Meanwhile, the big picture.
When Boring Isn’t Bullish – Gold
It’s The Most Blunderful Time of the Year
Wheels Are Moving in Slow Motion for the Top
The Rigor Morti…
They did it in the pre market. The ES fugutures broke out of a launchpad pattern at the top of the meggerphony. But just as quickly, they pulled back to the breakout. Nothing to see here. Yet. That’s normal for a breakout. I think we’d need to see some…