U.S. and global oil benchmark prices climbed to their highest levels since 2011 and 2014, respectively, after OPEC and its oil-producing allies decided to stick to their plan of gradual output hikes despite the escalation of the Russia-Ukraine conflict…
Although I don’t trade it myself, I just saw this admonition pop up on one of my brokerage accounts. So let me get this straight – – a financial instrument is designed to allow people to take advantage of increase in volatility, b…
Residents of Greece would have had to pay approximately six percent of their average monthly wage for a full tank of gas this past Monday due to the price hike connected to Russia’s continued invasion of Ukraine. This is the highest figure among all OE…
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…