Originally posted at Capitalstool Yesterday I called attention to the fact that $57 billion in Treasury coupon paper was settling, and that that should put…
Last week I pointed out that the breakdown of the top of the latest rally in the ES, 24 hour S&P 500 fugutures, resulted in a conventional measured move target of 3900-3910. We are 10 points above that as of 5:30 AM New York time.
They tried…
Falling prices destroy more money than the pittance that liquidation transfers from buyers to sellers at the margin. The losses in margin accounts is far greater than the cash received by sellers. And remember, it’s just a transfer. The buyers of the f…
It was probably the fact that I added more swing trade short picks yesterday.
Meanwhile, I’m going to take the day off today after producing 4 big reports since Friday. And on Saturday I rigged up a temporary hookup for my brand new Bosch Automati…
The final list of double screened output for last week had 9 charts with second or third buy signals on Thursday and Friday. There were…
Wall Street loves to tell you not to panic when the time comes to sell everything. To them panic means sell. But the truth is,…
This is the opening for my Technical Trader report that I’m now working on and should be posted around 7:30 AM in New York.
Maybe this is a sign that the bottom is in. 😄
Meanwhile a look at the 2 hour bars on the ES 24 hour S&P fugut…
I wrote the following in this Fed QT/Treasury Supply report on August 6. 8/6/22 Well, guess what. Time’s up. Party over. The Treasury has revised…
At critical junctures, Greenspan and Bernanke consistently veered toward looser and ever more precarious policy courses. Their monstrous egos put our nation’s wellbeing in jeopardy. When circumstances turned tough, they would resort to BS justification for only more outrageous monetary accommodation. Greenspan and Bernanke were both dangerous ideologues and inflationists that handed the keys to our nation’s future to Wall Street.
While we wait for gold to do something, there’s action in the mines. Subscribers, click here to download the report. Non-subscribers, click here for access.…