For the week ended April 5, there were 60 charts with multiple buy signals as of the last two trading days. There were 53 multiple…
Tax collections for March, and the month ended April 4, were so weak that they indicate that the US economy is now in recession. Non-subscribers,…
Really. There’s nothing to add.
Well, maybe the fact that the US Treasury is pumping $55 billion in cash into the accounts of various dealers, investors, and others in the week of April 4-11, with more to come throughout April. Maybe that matters…
Uninsured deposits in the U.S. total at least $7 trillion. We show the top 30 banks with the highest level of these deposits.
That pullback was probably just the 5 day cycle down phase, with the cycle low at yesterday’s low, tested this morning. The ES, 24 hour S&P futures, only need to be above 4105 at mid day today to break the mild downtrend and indicate a new 5 day cy…
Bulletin: The US Treasury just announced another T-bill paydown. That brings the one week total, April 4-11, to $55 billion. That’s more than enough in…
And there you have it.
Of course we’re talking about very short term targets here in this thread. Go here for the pig bicture.
And with each new day comes a new target. However, in this case, the market has been trending in such a narrow…
And then there are double tops. Some hold. Some don’t.
Today, in the very short run, the trick will be in the pullback. The market is in trending mode, so the first question will be whether there will be a pullback or not. Question 1a will be, if…
Broadly speaking, not so much yet. I’m avoiding shorting for sure, but here’s what else we need to put more than a few long toes…
The Powell Fed today confronts a historic dilemma. And it is uncomfortably reminiscent of how Federal Reserve officials faced in 1929 a confluence of a weakening economy, a fragile banking system, and a crazy stock market speculative Bubble.