Silicon Valley Bank (SVB) is not Lehman Brothers, but we can make uncomfortable comparisons.
After a string of fires caused by batteries of electric scooters and bicycles, lithium-ion batteries have come under scrutiny once again. The batteries, which power many everyday products such as laptops, phones and cameras, are generally considered sa…
Tomorrow marks the third anniversary since the World Health Organization declared Covid-19 a pandemic. Three years on and much has changed, including opinions on how the virus started, with one origin theory having taken particular hold in the United S…
After reviewing the withholding tax data for February last week, I decided that the jobs report should be faded. That left a lot to conjecture because there were no economists’ estimates posted yet. Now they are. The consensus expectation is for a head…
As stock markets flailed and the age of zero interest was only slowly beginning to end, 2022 was not kind to investors. The year was also Wall Street’s worst since the Great Recession, causing most shareholders leaving markets owning less than what the…
If AI isn’t self-aware of the fact it is nothing but an exploitive tool of the powerful, then it’s worthless.
After seeing its bookings cut by more than 40 percent due to the Covid 19 pandemic in 2020, Airbnb bounced back remarkably well in 2021 and 2022. Fueled by the strong uptick in international travel in 2022, Airbnb saw bookings more than double compared…
The market is apparently in the second day of a nominal 5 day (expressed as 4 day) cycle up phase. If it makes it through today without blasting off, bears should be in good shape for another death defying plunge. But a little rally this morning that m…
It’s an Ed Sullivan moment. A really big shoe.
Meanwhile, we’re home on the range again. The hourly cycle oscillators on the ES, 24 hour S&P futures say it’s a 5 day cycle low, 4 day variant edition. But the ES needs to…
Still waiting for confirmation of a 13 week cycle low. It needs to happen, or you won’t want to look at the long term setup.…