Yesterday was the Day of the Dead in some countries in Europe, particularly the one where I live now, France, and the one where I lived last year, Poland. Everyone gets together to go to the cemetery to weep over dead loved ones. Today is the day in th…
This video highlights S&P 500 performance through Q3. See how sectors and key companies have performed from Jan 1 to Sep 30, 2022.
It happens. Signals whipsaw, particularly in rangebound markets that I refer to as meat grinders. This has been one of those. Technical Trader subscribers click…
Yes, Happy Day of the Dead. It’s a national holiday here in France today, but in other parts of the world, it’s celebrated over two days. The big day is tomorrow in Poland
And on Wall Street.
In the US, it is celebrated with the two day FOM…
Originally posted at FedGuy. Reposted with the kind permission of Joseph Wang. A Treasury buyback program today would be mechanically equivalent to quantitative easing and a tailwind…
The stock market looks even more oversold versus macro liquidity than it was in August. So, no surprise, it, and the bond market have both…
They’re trying to hold this rally together as we start a new week. Hope springs eternal in the hearts of bulls.
I note on the hourly chart of the ES 24 hour S&P fuguetures that this is the turd wave of this rally. Each of the two previous wav…
Yes, there are plenty of bullish signs on the charts. For the short to intermediate term, that’s ok. It’s good enough, smart enough, and doggone…
At least for now, markets seem convinced that the global central bank community has Blinked – just as they knew they would.
The 24 hour ES S&P futures have moved to the edge of a significant breakdown here in the mid morning hours in Europe, approaching 4 AM in New York. If they hit the 5 day cycle projection of 3740, it would be a clean break of multiple sport trendlin…