The 6-7 week cycle low is overdue and the 4 week cycle low was due yesterday, but everything else says there’s more bad news ahead.…
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Meanwhile, stocks are set up in a maximum indecision pattern, smack in the middle of their range of the past 3 weeks. They’re waiting for the bad news on CPI, which everyone knows will be bad. So it should all be “priced in,” right?
We’ve been in a bad bear market in stocks for over 6 months. And a really bad bear market in bonds for almost two years.…
Posted first at Capitalstool. Join the fun. Not only is the Fed behind the curve on inflation, it’s behind on hiking the Fed Funds target…
For the past 12 months, the U.S. dollar has been strengthening against the Euro. On this Tuesday, both currencies reached near-parity, with 1 U.S. dollar priced at 0.9998 Euros by 5 a.m. EDT. By 7 a.m., the exchange rate was down to 0.9971, according t…
Originally, posted at Capitalstool. Join the fun! Well, everybody said that the euro was headed to parity with the dollar. This morning, the goal was…
Well, today is the first day of the rest of my life. Come to think of it, it’s the first day of the rest of your life too. What a coincidence! So, what are you going to do with it? Something good, I hope.
For me it’s a milestone. Today I closed o…
Start with a large fortune! Heh. Anyway, as I watched Bitcoin – – which is the king of stability with a mere 73% drop in value over the eight months – – slip under $20,000 again, I was reminded of this salient Saylor fact: Y…
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Or maybe parody? Talking about the EUR/USD, natch. Parrot Tea It’s going lower. The conventional measured move implication on the weekly chart is $0.80-0.90. The…