As a result of the breakout from that 8 day base on the hourly chart, the ES, 24 hour S&P futures have a conventional measured move target of 4120-35. Right now they’re in a nominal 5 day cycle down phase. I’ll call it the pause the refreshes. Orig…
For the week ended March 3, there were 37 charts with multiple buy signals as of Thursday or Friday, and 33 with multiple sells. The…
Good morning!
My air conditioning is being installed today. It’s the last project in my renovation. After this, cleanup, touchup, and I can finally just live in my home. That means no more excuses for late reports! 😁
As for today’s market, l…
Is it a random walk, or just the Ministry of Silly Walks? The S&P 500 remains in limbo, still stuck near the middle of the…
They keep managing to do this, while the market ultimately goes nowhere endlessly. Both stocks and bonds have rallied overnight and into the early morning hours. The 10 year yield has pulled back to 4% and stocks look like they are headed to da moon. T…
It’s that time of the month again. The tax collections are complete for February so we know how the jobs market really did for the…
This is water torture. Slowly eating away at the market, and our brains. Lulling the bulls to sleep with false hopes as they slowly bleed the pour animals.
But alas, it looks like it’s time for another hopeful 3 or 4 or 5 day cycle rally as the h…
Now that IYR broke its trendline, the slippery slope is kicking in.
From New York to Damascus, this infographic uses EIU cost of living data to rank the world’s most and least expensive cities to live in
So sorry, but the lifestyle of low-cost credit and all the goodies it could buy is permanently out of stock.