Good God, just look at this. The main point I want to make is “Easy Come, Easy Go.” The yellow tinted area shows how swiftly the stock ascended, Here’s the company’s entire public history:
Gold engaged in a bit of rangebound slot racing last week, but has so far shown little sign that it’s on the verge of breaking…
The S&P 500 has barely moved over the past 24 hours. Clearly, stock traders have found the perfect equilibrium price where stocks are fairly valued, and everyone is happy. We can all now close our trading screens and go do something productive with…
When the U.S. Bureau of Economic Analysis released its first estimate of third-quarter GDP at the end of last month, consumer spending, by far the largest component of the gross domestic product, once again proved to be surprisingly resilient in the fa…
For the week ended November 4, there were 35 charts with second or third buy signals as the week ended, and 48 with second or…
Gad this is getting tiresome. And the other thing is that it’s just so disorderly. Whipsaws, sport breaks, resistance breaks. Failed signals. WTF!
For now, there’s a 5 day cycle projection of 3815 to shoot for. First they gotta clear 3797. Then t…
Chinese exports have stayed below expectations for October, stoking worries that a global slowdown might be underway as inflation is cutting demand in countries that are major buyers of Chinese goods, for example in the U.S. or in Europe. Analysts had …
A number of technical signs say that the bulls have the upper hand here. But those signs aren’t uniform. And I don’t trust them because…
Powell’s head was elsewhere, perhaps drawing inspiration from the resolve Paul Volcker had demonstrated some 40 years earlier.
The tax data told us that jobs grew strongly in October. Whether the BLS number shows that or not is a crapshoot. It often takes them a few months to catch up with reality as first they massage, then the revise and revise, and revise again. Eventually,…