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…
Cycles – The 6 month cycle should be in a xxxx xxxx xxxx (subscriber version). Here’s why the next low could entail a short term crash.…
The last time we looked at the Composite Liquidity Indicator (CLI), 4 months ago, I warned that the process of flattening the indicator was beginning,…
FEEDFor all the Facebook-haters and Zuck-dissers………welcome to your golden age.
SlopeCharts has access to an ungodly amount of economic data, and a side project of mine is to vastly improve the interface to that data to make it easier to discover. One thing I just “discovered” moments ago was something I had never …
Contemporary finance showed its Ugly side. Acute instability is worrying, to say the least.
I would gently remind you this man makes $5 million per year to give retail investors dreadful ideas. Honestly, it’s uncanny. I can’t think of a single time this man has given a smart idea to any human being.
The ultra-rich are wealthier than any mere mortal could ever imagine. Looking at how much wealth they are expected to pass on to the next generation until 2030 drives home this point. A whopping 60 percent of the total pre-tax wealth that is expected t…