Good morning, everyone. Well, right on schedule, here’s our every single morning “everything’s gonna be just fine” rally on the /ES. I’ve grown accustomed to these, and given the market that I prefer (a long, slow, gri…
According to the IMF, Russian sovereign debt default is no longer “improbable” as the country’s economy is reeling from sanctions and other international scrutiny following the invasion of Ukraine by Russian forces in late February.However, the IMF doe…
This looks like a 5 day cycle low on the ES, S&P 500 futures. The cycle projection of 4145 was hit, and the time is right. They’re trying to make a stand, while waiting for Lord Jaysus to take us up in the rapture. Although more likely, we’re going…
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…