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. …
Originally posted at Capitalstool. The market is now operating in “Warren Space” What is Warren Space???? It’s the difference….the space….between the Governments “Implicit ” and…
With Credit Suisse’s troubles supposedly an anomaly, markets were hopeful a European banking crisis had been quickly nipped in the bud.
Not so fast.
Anger in the National Assembly, violence in the streets and the Bordeaux town hall on fire. Macron’s pension reform may have passed in the National Assembly following the Borne government’s use of Article 49-3 of the constitution, but a large part of t…
In most countries, the average effective labor market exit age is lower than the official full pension age. In the European Union, for example, the majority of Member States have set the legal retirement age at around 65 (62 to 67), but as the most rec…
Every day at the stroke of noon here in Nice, there’s a cannon blast. This has been going on for 160 years. It’s to remind the mayor that it’s time to go home from his morning dalliance, lest his wife catch him.
For the longest time, every day wh…
Everyone wants a trend they can trade for effortless gains. That may no longer be realistic.