Well, yeah-ah!
Or maybe not. The 5 day cycle projection is 4037, all but done. And we have the makings of a 5 day cycle low here in the early pre market, with hourly oscillators in a positive divergence from the ES, S&P 500 24 hour futures.
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The gunslingers have taken their 40 paces and are about to turn, draw their weapons and fire. Technical Trader subscribers click here to download the…
Expectations that inflation conveniently returns to previous cycle dynamics is wishful thinking. Hopes that central bankers can quickly conclude tightening cycles without the need to inflict pain are unrealistic.
Look at this chart of the ES, 24 hour S&P futures. It’s garbage. Utterly useless garbage. Completely incoherent.
But it tells the story of the current market. Babbling incoherence. The ravings of madness.
I doubt that it will make sense…
Statista’s Advertising & Media Markets Insights estimates that worldwide metaverse revenue will stand at $490 billion in 2030. This is a comparatively conservative forecast. Other analyst companies assume a market volume of between approximately 750 an…
As inflation cooled down slower than expected in January and overall consumer prices rose 0.5 percent compared to the previous month, U.S. consumers showed little signs of frugality. According to preliminary estimates from the U.S. Census Bureau, total…
Despite the surge in consumer prices, Americans haven’t lost their appetite for dining (and drinking) out. That’s according to the latest estimates from the U.S. Census Bureau, showing that monthly sales of food services and drinking places amounted to…
Yesterday, February 15, 2023, a day that will live in… nobody’s memory, the S&P 500 closed at 4147.60. It first notched that price on the…
Was it this? How Bears Could Take Charge This Week February 13, 2023
I honestly don’t know. I’m writing a report on who’s drawing down the Strategic Cash Reserve, and I name names.
That’s coming up within the hour.
Meanwhile, I can’t m…
Yes, and do you know why? Because the largest volume of tax refunds are sent in February. That means the the US Treasury must borrow to cover that, so supply is heavy in February. We’ve seen that in the T-bill issuance calendar for this month. And the …