Precious metals haven’t basked in glory days since 2011, over a full decade ago. Earlier this year, due to the Ukraine war, gold had a brief day in the sun, but it has tumbled about 15% in the past four months. Precious metals seem to be good…
The last day of trading before a US holiday weekend is usually a day for the bulls to party. This one is set up no different, and here at 6:30 AM, the party organizers are setting up the tent, tables, and well stocked bar. The party goers are beginning…
Americans’ pride in their country has steadily fallen since Gallup started conducting a survey on the subject in 2001. Now, national pride in the U.S. has plummeted to an all-time low, as the fewest respondents in the history of the poll said they were…
Yet another weed wipe-out. Not that daily pot smokers aren’t, ya know, great guys and all. I’m just a simple chartist and wanted to share another 95% disaster with everyone.
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According to Mercer’s Cost of Living Index, Hong Kong is the least affordable city on the planet for foreign employees. Mercer ranked more than 200 cities from across the globe based on the prices of more than 200 items from categories such as housing,…
When Russia invaded Ukraine on February 24, it didn’t take long for the international community to condemn the attack and react accordingly. Within a few days, Western powers imposed strict sanctions on Russia, hoping to cripple the country’s ailing ec…
The overnight selloff leaves us with a 5 day cycle projection range of 3740-3780. As of 7 AM in New York, the 24 hour ES S&P fuguetures are sitting on a sport line at 3760, smack in the middle of the projected range. If this line gives way, then th…
The world economy entered 2022 with expectations of a strong post-pandemic recovery. However, the war in Ukraine is affecting global economic prospects in all its dimensions to a significant extent. Having triggered a surge in commodities prices, the c…
The ES S&P 24 hour fuguetures have a 5 day cycle projection of 3780 on the hourly chart. It doesn’t guarantee that they’ll get there. There’s trend support at 3800. But if that breaks, the next trend support is around 3765-70. It looks like a more …