Artificial intelligence in some shape or form has been a part of everyday life for years, but the meteoric rise of ChatGPT and the resulting aggressive development pace of conversational and generative AI models is, for the first time ever, putting the…
For the week ended March 28, there were 30 charts with multiple buy signals as of the last two trading days. There were 5 multiple…
I used to rail about this constantly but I’ve let it go in recent years. Nobody cares that the most widely followed measure of US house prices uses horseshit methodology that renders it a useless indicator of current conditions. Had you been following …
These guys are good.
CUSIP: 912797LM7Term and Type: 17-Day BillCMB: YesHigh Rate: 4.700%Investment Rate: 4.789%Price: $99.778056Allotted at High: 86.91%Total Tendered: $91,885,750,000Total Accepted: $45,000,180,000Auction Date: 03/28/2023Issue Date: 03/31/2023Maturity Date…
CUSIP: 912796YN3Term and Type: 7-Day BillCMB: YesHigh Rate: 4.050%Investment Rate: 4.121%Price: $99.921250Allotted at High: 58.94%Total Tendered: $71,748,458,000Total Accepted: $30,000,088,000Auction Date: 03/28/2023Issue Date: 03/30/2023Maturity Date:…
Last week I wrote that the Fed is playing a new game and nobody knew the rules. I felt like I needed a week to…
That’s what the market is telling us this morning. Honestly, I don’t see a path out of this morass. Which probably means that we will have either rocket launch or a thunderous collapse today.
Other than that, today’s sport level to watch is the 3…
The S&P 500 closed Friday at 3971. It first traded at this level on May 10 of last year. Since then the index has never…
Oop, there it is.
This uptrend is now extremely well established as it enters its 11th day from the low. The higher highs and higher lows have been persistent. The base breakout was tested and held. Its conventional measured move target is 4035. …