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.
Rising tensions between Beijing and Washington over the Taiwan situation have reignited chatter about a potential decoupling of the two countries that are closely entangled economically. And while experts consider this an unlikely scenario, many U.S. c…
As the Covid-19 pandemic, the Russian war on Ukraine and the growing tensions between China and the United States have brutally exposed the vulnerabilities of highly globalized supply chains, more and more companies are reconsidering their position, tr…
There are two important resistance points for Apple Inc (AAPL): its price gap and its descending trendline, which just so happen to converge at almost exactly the same spot. As of now, it’s holding fast.
Over the past two weeks, each time the stock market takes a step up, each step seems a little shorter. At the same time they’ve been relentless, and each pullback has also been smaller. There’s been very little momentum loss. The market is just trendin…
Online travel platforms support independent hotels in a big way. In 2019, 133 million additional overnight stays were generated via online booking platforms in the EU, the majority of which going to independent hotels. In fact, 85 percent of all online…