As geopolitical tensions began to heat up around the world, which nations were the top military spenders in 2021?
As inflation eased up slightly in July, with gas prices falling and overall consumer prices virtually unchanged compared to the previous month, U.S. consumers showed little signs of frugality. According to preliminary estimates from the U.S. Census Bur…
Rule Number One is “Don’t Fight the Fed.” But Wall Street and its willing herd have done just that for the past month. Stocks have…
Another double bottom off the bottom of an uptrend channel now threatens to break the new, and rare, downtrend channel, as of 8 AM in New York. You can see it on the hourly ES, S&P 500 24 hour futures chart. Not only that, but the 3-5 day cycle osc…
For more than a year the trading patterns of BTC and stocks have correlated strongly across all time frames. This chart of the two hour…
Meanwhile, the Fed remains egregiously behind the market in rubber stamping market interest rates. I don’t know why they even bother. Rates are and always…
On August 17, 1982, the first serially produced audio compact disc was released after being introduced to the public in 1981. While it’s up for debate whether The Visitors by Swedish pop mainstays ABBA or a collection of Chopin waltzes interpreted by C…
Since this rally began on July 14 there have been 8 tiny sharp pullbacks. The one that started overnight in the ES 24 hour continuous S&P fugutures doesn’t even qualify to be in that group yet. It has slightly broken the latest uptrend channel, but…
Energy prices are rising across Europe with no end in sight, as the latest figures from Europe’s official statistics agency show. Energy annual inflation in the EU reached 41.1 percent last month, up 14.1 percentage points since the start of this year….
This is a multi-year channel; I’ve been watching this like a hawk. This is the one and only tidbit of bearish good news since, oh, the breakout of the Korean War.