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…
What’s unfettered in America is “Communism for the Rich” and the normalization of corruption that results from the auctioning of political power to protect monopolies and cartels.
Since 1960, an inverted yield curve has preceded nearly every recession. This animation highlights how that inversion is becoming more extreme.
For the week ended December 9, there were 36 charts with second or third buy signals as the week ended, and 52 with second or…
The major cycle technical bear case gets to live another day this week. I drew the parameters of the line in the sand last week,…
That’s where stocks came from over the weekend and where they appear to be heading this morning. At the moment, there are no projections outside of Friday’s lows or highs.
Suddenly, around 5:20 AM ET there seems to have been a tick that created a…
Importantly, exceptionally strong lending growth ran unabated – bank and non-bank. Despite the Fed’s tightening cycle and a year of weak securities market performance, the Great Credit Bubble inflation was ongoing.
The German „Reichsbürger“ movement that made international headlines this week for allegedly plotting to overthrow the country’s government has been watched closely by authorities since 2016. Back then, a man who identified as a “Reichsbürger” opened f…
Any way you slice it, coming into the NY open this morning, 3978 is the number to watch. It’s the apex of apexes. And the direction it takes from there is likely to define the rest of the day, if not more.
Of course, there’s always the opportunit…
Gold is consolidating within a 9-12 month cycle up phase. The projected high is due between xxx and xxxxx xx, with the projection currently honing…