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I wrapped up deploying my cash this morning. I am all in. Of my many positions, there is a certain class of them which are gargantuan rounded tops that I believe have particularly good downside potential in terms of good old simple raw dollar value…
Check out what corporate bonds have been doing since last August: Let’s just say I think they’re leading the way. (Thanks, layered charts).
It’s fascinating how pop culture can intersect with the financial markets. Early in 2021, Dogecoin was all the rage, and one of its main proponents, Elon Musk, was surprisingly slated to host Saturday Night Live. The boys on reddit figured th…
Countries feeling an historical threat from Russia have in the past decade upped their expenditure on defense. Some of the biggest spending increases could be seen in Lithuania, Latvia and Ukraine, while Moldova (+44 percent) and Estonia (+37 percent) …
They gotcha, didn’t they? Just like they got me last time. Here we were, a bunch of Slopers, scurrying around, shrieking, doing each other’s hair, and in general acting all willy-nilly, about yet another Tradeable Bottom “the ES i…
Short term cycles have entered down phases and cycles up to 17 weeks are due for a down phase. A consolidation is due before a…
The repetition of this pattern borders on shocking. Here again is the 5 hour bar chart of the ES S&P 500 futures showing the 3 faces and their connecting declines. Are we about to witness a repeat? Or is this time different?
Switching to…
The raw daily data for last week as a whole tilted strongly to the sell side for a second straight week. The final score for the week was Sells 212, Buys 101. Of the 48 charts with multiple sell signals, I found 14 that I liked well enough to add to the list as shorts.
If you asked an everyday person to name a famous portfolio manager, I suspect one of the top people cited would be Cathie Wood, who for some reason captured the public imagination and become very famous (at least as far as fund managers are concern…