I don’t know.
The Fed is still tight. At all those other bottoms the Fed had turned to easing.
Rule Number One. Don’t fight the Fed.
Do I respect technical data? Yes. Is there a first time for everything. Uh… yeah.
The total population In the Euro Area was estimated at 342.6 million people in 2021, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Euro Area had a population of 260.4 million people. T…
Up until recently, Netflix was synonymous with video streaming around the world. Even though it still boasts the highest number of paying subscribers out of every available streaming service, its popularity has waned over the year due to the increased …
Ever since the market stopped plunging a month ago, we’ve been engaged in a violent tug-of-war between the bulls and the bears in a massive 300-pound range on the /ES. We’re near the top of that range now. The bears want to see a break …
Heat records have become commonplace in meteorological record-keeping, while new cold records have become few and far between. According to data from the National Centers for Environmental Information at the National Oceanic and Atmospheric Administrat…
A three-day heatwave is rolling across Europe, breaking temperature records in its path. The heat has been topping 40°C (104°F) in several places, which is unusual for the more temperate regions it is hitting across Northern France, the Benelux, North …
Weekly Economic Index in the United States decreased to 2.60 percent in July 8 from 3.36 percent in the previous week. Weekly Economic Index in the United States averaged 1.66 percent from 2008 until 2022, reaching an all time high of 11.21 percent in …
Only hitting the low 90s here every day. But that’s 10 degrees F above normal.
As for the market it’s not too bad, and not too good either. Here’s the 2 hour bar perspective on the ES 24 hour S&P futures. Rangebound shit for the past two wee…
Gold’s short term cycles have entered up phases but they haven’t shown anything so far and aren’t likely to. The longer swing cycles have yet…
Confidence in the media has sunk to a new low in the U.S., according to a recent survey by Gallup. Trust has been largely on the decline for more than thirty years, but has plummeted five percentage points since last year. Television news seems to must…