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,…
Just like 3-D printing was little more than a financial product for the investment banks to trot out, only to have it crash and burn, so, too, has all the gene editing companies that were supposed to be such a big deal. The sector’s a wreck, …
In Part 1, we saw a rebound in withholding tax collections after 3 down months. October also saw a very strong gain in individual estimated…
Europe has a tough winter ahead. Without Russian natural gas, the bloc has a shortage of energy. This has ratcheted up heating bills, and as we’ve already seen, it’s households bearing the brunt of the costs. In the UK alone, one in three households ar…
The picture says it all. But the 2-3 day cycle projection of 3715-20 says, more now.
And I will have more later. First, petit dejeuner avec beaucoup cafe.
Big picture stuff below.
Surge in Withholding Tax Collections in Octob…
Apologies for the late posting. This report was written on November 1, pre market. It fell through the cracks in the between two other posts.…