The strength of rally took me by surprise, I must say, but not the timing. Short term cycles were due for an upturn, but nothing…
Do bears doodoo in the woods? Because this is a big setup for it. The current measured move target of the most recent base breakout is 4140. First there’s resistance at 4045 as of 7 AM in NY. The next R level is 4070. If they hang around 4045-4070, and…
Next week is going to be big (and will drive the Fed decision in the week that follows):
In the last Treasury Supply update for subscribers I warned that the Treasury could do a big T- bill paydown at mid month, but that…
Can money really buy happiness? In this chart, we compare most of the world’s countries to examine the relationship between wealth and happiness.
GDP Growth Annualized In the Euro Area increased to 0.80 percent in the second quarter of 2022 from 0.70 percent in the first quarter of 2022. GDP Growth Annualized in the Euro Area averaged 0.38 percent from 1995 until 2022, reaching an all time high …
As I travel around the north of la France this week and next, today Paris, tomorrow Brest, lest we remember and lest we forgets, yes turd day:
Now that that’s been dispensed with, we see that an uptrend has or has not been established, but that…
There are indications of a short term bottom as gold tests the July low. But intermediate indicators say it won’t hold. Subscribers, click here to download…
The S&P 500, as shown on the ES futures 24 hour chart, has relentlessly been making lower lows and lower highs on a cycle averaging around 3.75 days. A low is due now, suggesting an upswing for most of the day today. The cycle now ending hasn’t bee…
Welcome back, Stoolies! Time to get back to bidness.
Seems this morning that all are waiting in trepidation for something. Bulls are terrified that Friday’s double bottom will drop out. Bears are equally terrified that it will hold and trigger a …