dMost of you are probably acquainted with the name Chamath Palihapitiya, although I seriously doubt any of us could spell it correctly without at least a few tries. He is the billionaire financier who is considered the King of SPAC. SPACs, of course…
This is it, right here. 3869. If that breaks, the baby dinosaur that has formed on the chart of the ES, 24 hour S&P futures over the past two days, will be euthanized. So sad.
The next likely stopping points would be either 3860, or the lows …
As of Monday, September 19, there were 36 charts with second or third buy signals over the past two trading days, and 64 with second…
For large parts of the past two years, mortage refinancing has been booming, as historically low mortgage rates and surging home prices created an opportunity for existing homeowners to save a lot of money on their mortgage and, in many cases, even tak…
While I do have projections for some of the longer cycles, I can’t answer that question for today. It could be a little or a lot. The parameters to watch in the next few hours are 3857 on the upside for resistance, and 3787-3778 on the downside for spo…
When a technical signal is rendered and then suddenly reverses, we call that a whipsaw. Whipsaw signals are often signs of powerful moves ahead. Last…
Monthly closing price for SPY on the 1st day for the month from 2 years prior to a market high to 3 years after that top. The data points are indexed to the starting point 24 months before the market top. I know, I know, it’s different this time. It’s always different. Different is not […]
Accommodating historic Credit and speculative excess in the name of fighting supposedly insufficient inflation – and even deflation – has been an epic failure of runaway Bubbles.
The Federal Reserve and the global central bank community today confront the nightmare confluence
That’s what this head and shoulders breakdown measures to. First I would expect to see some support around 3840-45.
We’re talking intraday stuff here. The big picture is much worse.
I’m leaving Paris today, on my way home back to Nice…