The euro, meanwhile, is crashing. It has broken a short term cycle projection of 108.60. As of this morning it has broken trend support at…
Gold Bouillabaisse measures to 2160. ©Potatohead 2022 No rights reserved. Here’s a monthly chart going back 21 years. It doesn’t get much more bullish…
Baron Rothschild famously said, Buy when there’s blood in the streets after the Battle of Waterloo. But few seem to be taking that advice this morning. Perhaps it’s because this war has only just begun, and there’s a question whether any of us will eve…
Crude oil prices rose over 25% last week and as I sit down to write this evening the overnight futures are up another 8% to around $125. Almost every other commodity on the planet rose in prices last week too, as did the dollar. Those two factors – rising dollar and rising commodity prices – […]
Chorts
Jesus H. Christ on a Pita Biscuit, crude oil………………..just opened…………..holy CRAP……… Here is a DAILY chart to give you more perspective. Ready for $7/gallon gas? Daniel Plai…
Not that you need any other bad-performing stocks, after all that I showed with “The Wretched”, but is a bundle of seven from a specific sector – – electric vehicles – – that became crazy-popular after Tesla̵…
In case you’d like to see how the Russian Ruble is doing. Shield your eyes, Frank.
I am knocked off my feet at the long-term quality of the bearish setups before us. There is really just one holdout that is keeping this ridiculous market from entering the unchecked free-fall which it so richly deserves, a…
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.