The war in Ukraine is endangering crucial wheat supplies in many of the least developed countries in the world. Among them, countries in Africa and the Middle East in particular are heavily dependent on wheat imports from Russia and Ukraine. According …
That’s the 5 day cycle projection on the ES, S&P 500 futures, this morning at 10:30 AM in Western Europe, 4:30 AM, in New York, before the first traders are stirring their coffee. To get there, the bulls first must clear resistance indicated at 459…
In spite of the eye-rolling rally on Monday, the financial sector (by far my biggest exposure in my live positions) continues to weaken. Here are the regional banks, by way of the ETF symbol KBE, which has (1) broken its key supporting trendline (2…
We haven’t looked at the outside-North-America funds in a bit, but they look at dynamite as ever on the short side (provided they don’t slice above the key horizontal lines provided): Bonus video:
I watched a very interesting video about trucking (a topic about which I know almost nothing) and learned quite a bit; I suggest you give it a watch, since it’s funny and informative: I checked the sectors in SlopeCharts and am pleased to off…
Yes, every single index on the planet is exploding higher, but the biggest stock in the world still demands close attention. Apple (AAPL) is up, yes, but keep paying close attention to its channel and, presently, its midline. Thankfully, we are int…
The electric car sector is zipping higher today, perhaps due to enthusiasm around Tesla, much higher MPG requirements for gas-burning vehicles, or just an ‘on sale’ mentality from the investing public. Tesla, being by far the largest of…
What’s going on in the social media world, particularly with publicly-traded companies, is pretty interesting today, thanks to the news that Elon is gobbling up a huge chunk of Twitter (TWTR) which has sent the stock vaulting on huge volume. …
As revealed by a Gallup survey conducted directly around the time of the Taliban’s return to power in Afghanistan, an overwhelming majority of 94 percent of adults rated their lives so poorly as to be categorized as ‘suffering’. A further six percent w…
In a quarter marred by supply chain interruptions and a brief factory closure in Shanghai due to China’s strict zero-Covid policy, Tesla managed to avoid a production slump in the first three months of 2022. The world’s largest electric car maker built…