The Wall Street captured media still wants you to believe the Fed’s carny show of controlling interest rates. It’s just silly. I saw a tweet…
Over the 4 days since I last posted the swing trade screens update, the S&P 500 is virtually unchanged. The 8 picks I posted on…
The market is poised to do something big this week. There’s the increased likelihood of a 13 week cycle upturn to give a little lift.…
On the day to day scale that we watch here, it’s true! And if the ES 24 hour S&P futures are above 3630 by the time New Yak pre market trading opens at 8 AM ET, bears could be in some hot water for the next day or couple of days. On the other hand…
Years of unprecedented monetary inflation created false realities. The perception of endless cheap (free) “money” distorted how our market, economic, financial, political and social systems function.
The Federal Plunge Protection Team (PPT) swung into action early yesterday, triggering a marketwide short squeeze with spectacular results. But these interventions can only last so long. The market must then sink or swim on its own. 5 day cycle project…
My call last week of a 13 week cycle upturn was premature, but bottom formation now appears under way in that cycle. Other short term…
Trying to restore a system that is spiraling away from equilibrium with new extremes of obsolete, misguided policies only accelerates the swings from apparent stability to cascading chaos.
Despite the Fed’s historically aggressive rate hikes and another 5-percent drop in gasoline prices, inflation remained stubbornly high in September, as prices rose 0.4 percent compared to August and 8.2 percent compared to September 2021. According to …
Thanks to rising demand and an uptick in global oil prices following last week’s OPEC+ announcement to cut oil production, gas prices in the United States are creeping up again after declining for much of the summer. According to the U.S. Energy Inform…