People have the nerve to act surprised. I said for eons that once support was breached, it was bye-bye, crypto. Oh, well. I guess that’s the price I pay for having a tiny audience. If only I was a screeching simpleton like Cramer and had a wo…
Gasoline prices across the U.S. have reached record-highs. Why? This graphic helps explain what factors influence the cost of gasoline.
Things look bad. There are elements similar to the year 2000 bursting of the “Dot-com” Bubble. There are parallels to the much more systemic 2008 mortgage finance Bubble collapse. Yet, for me, this week rekindled more distant memories.
Now that $ETH has finally broken $1700, the animal spirits can Exit Stage Left
As Russian President Vladimir Putin pushes deeper into Ukraine, he’s likened himself to Tsar Peter the Great, who waged war on Sweden in the 18th-century, claiming that like his predecessor, he too is reclaiming Russian land. “Peter the Great waged the…
Tankers and cargo ships are currently jammed in front of the European ports of Rotterdam and Antwerp, as shown in this infographic based on a snapshot from FleetMon, an online tracking portal for ships. Further north off the mouth of the Elbe, a number…
The first shoe has dropped. Now we wait for the other. Will it be a long wait?
Maybe not. There’s a current 5 day cycle projection of 3980-4000 on the hourly chart of the ES, S&P 500 continuous 24 hour fugutures.
That’s not far from whe…
Crypto has no intrinsic value… .no stream of free cash flows stretching into the distant future to pay dividends etc. But as it has a…
Remember how red-hot the used car market was a year ago? Yeah, me too. The entire space has been laid waste. Take a look at Shift Technologies (SHFT) which proclaims itself to be “transforming the used car industry“. OK, boys. Whatever.