Despite a new ten-year deal with Apple raising MLS global media rights revenue to an estimated €250 million per year, the United States’ soccer league still has an awful lot of catching up to do with its European rivals. Over in the bastion of elite so…
Since the start of the pandemic, chip shortages have majorly impacted the automotive, information technology and consumer electronics sectors, partly due to disruptions in production processes and supply chains amid increased demand. The ongoing war in…
Do I know which way this will break today?
Hell no.
Look at the trend of the past 3 days in the ES S&P 24 hour fugutures. Look at the hourly oscillators. All perfectly neutral. We’ll just have to wait and see if they break 4078 or 4144.
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We’ve had a helluva rally in stocks and bonds. The conditions were right for this rally, and we expected it. However, it was a bit…
When it comes to drinking beer, no one beats the Czechs. According to data from the Statista Consumer Market Outlook, Czechs get through more than 100 liters of the booze on average per capita each year. Germany comes in at second place, with an averag…
Federal tax collections were solid in July. The recession that mainstream economists have been predicting, may be coming. xxxxx xxxxxxxx xxxxxxxxx. But it’s xxxxxxxx xxxxxxx…
The US market is bleeding a little this morning. As I pointed out yesterday, they need to break 4078 to complete a nice tight little top pattern on the hourly chart of the ES, S&P 24 hour fuguetures. Still true this morning.
But the 5 day cycle p…
A strong currency exports inflation to those nations which do not issue the currency.
I’ll start today by featuring my swing trade screen picks. Last week could have been a blockbuster, but I had shorts along with the longs, and they killed that. Surprisingly, last week’s screens then resulted in more shorts than longs. Here’s the post….
We had them, but unfortunately, also had a few shorts that ate up much of what would have been phenomenal profits last week. Technical Trader…