Fed policy reversal is another thing altogether.
Rules Number One and Two are immutable and eternal.
Don’t Fight the Fed.
The trend is your friend.
Here’s the ES, S&P 24 hour fugutures as of 9:50 AM in Paris and Frankfart, 8…
It’s not like I just made this chart. We knew what was coming.
That’s the TLT the 20 year Treasury bond ETF, a proxy for the bond market.
I first posted this chart about a year ago methinks, but the fact is that I have been stridently…
FEEDAs I prepare to call it a night (and I’ve been deliberately avoiding looking at any futures quotes since today’s regular close), I’ll just say this: the crypto market is TEETERING right on the precipice, and it wants to fall. I ca…
Can you imagine being trapped on a desert island with these two? Goodness.
As of the week ended Monday, September 26 closing prices, there was only 1 chart with second or third buy signals over the past two…
It looked like a coordinated intervention in Europe this morning, starting around 9 AM Central European time, which is 3 AM in New York. They ramped it pretty good until the ES S&P 500 24 hour fuguetures ran into resistance right at the top of the …
The momentum of franchise success and centralization of power are fatal.
The market is in crash mode. That doesn’t guarantee a crash. It merely suggests that conditions are as favorable as they get for one to…
The devastating effect of the coronavirus pandemic on the tourism industry is most clearly illustrated by the number of travelers in 2019 compared to 2020. After welcoming 90 million visitors in 2019, France’s intake dropped by more than half in the fo…
The dealers have significantly hedged their bond longs since April, but the price damage that we expected, in both bonds, stocks, and everything else, was…