JFC, I just got hit with another tout that will obliterate one of my profitable short trades when it opens in New York this morning. In Barrons this time. The criminality is breathtaking.
The 5 day cycle projection for the ES 24 hour S&P futures is 3775, from the hourly chart. But the conventional measured move projection of the breakdown from the big top is 3700. Take your pick. Either is possible, if not likely, today. We’re due f…
And now, our daily dose of useless meanderings from an aging, plaque hardened, market addled brain. These thoughts are free, so take them for what they’re worth. However, on the off chance that you are crazy enough to think there’s value here, check ou…
In a volatile and difficult year for many assets and equities, how have the world’s major currencies performed against the U.S. dollar?
The post Visualizing Currencies’ Decline Against the U.S. Dollar appeared first on Visual Capitalist.
I have long operated on the assumption that the US Treasury will follow the TBAC issuance forecast, with exceptions only in obvious emergencies. That assumption…
That’s right, on November 20, I headlined my Liquidity Trader subscriber report with: Inflation is Dead, Fed Policy Will Stay Bearish Until It’s Too Late…
If you have a trading portfolio that is hedged with both longs and shorts, and with judiciously placed stops around sport and resistance levels, that headline is what the market will do to you. No amount of disciplined trade strategy managemen…
Originally posted at Capitalstool. Yardi Matrix just out reports 0.5% m/m decline in asking rents in November. BLS had rent of shelter at an increase…
This morning over at Capitalstool, I accurately guessed that the market would be sprised by a lower than spected flatus print. How did I know…
Another day, another squeeze. Shorts are getting purged.
It’s ugly.
The 5 day cycle projection on the ES, 24 hour S&P futures has risen to 4045. If this base breakout sticks, it has a measured move target of 4105.
Multiple crossin…