Some of you may recall that Coinbase went public pretty much the millisecond that crypto topped in April 2021. The odds of that happening by chance are equal to the odds of Oprah Winfrey not appearing on the next issue of her self-published magazin…
Is that what this bottom is about to do? Hard to say. A 5 day cycle projection of 4450 on the ES S&P futures hourly chart is all but done. The chart looks set up for a bottom here. So if this low breaks, it’s likely to lead to drama on the high sea…
Last week’s daily screens tilted to the sell side again. The final score for the week was 125 Sells to 82 Buys. This was the…
Clinging to delusional fantasies of “free wealth” won’t lead to positive outcomes, any more than swallowing handfuls of meds leads to “free health.”
My ceaseless fondness for our Layered Charts feature is well known, and I took the time this weekend to put together a number of them to share with you. They all pretty much say the same thing in one way or another: one important financial instrume…
What happens when markets don’t correlate well.
Big T-bill paydowns are coming in the second half of April. That will continue to support a “rally that fools the majority.” But it doesn’t…
Household Saving Rate In the Euro Area decreased to 13.34 percent in the fourth quarter of 2021 from 15.01 percent in the third quarter of 2021. Personal Savings in the Euro Area averaged 13.39 percent from 1999 until 2021, reaching an all time high of…
Housing Index In the Euro Area increased to 139.41 points in the fourth quarter of 2021 from 136.78 points in the third quarter of 2021. Housing Index in the Euro Area averaged 105.92 points from 2005 until 2021, reaching an all time high of 139.41 poi…
External Debt In the Euro Area increased to 16025333.04 EUR Million in the fourth quarter of 2021 from 15733024.44 EUR Million in the third quarter of 2021. External Debt in the Euro Area averaged 11862925.99 EUR Million from 2004 until 2021, reaching …