The economic sanctions against Russia are having an impact, as evidenced by the rising ruble exchange rate and foreign exchange restrictions. But the effects of the Russian invasion are also being felt by consumers in numerous other respects. For examp…
The ES S&P futures have formed a beautiful bottom here in Europe at 10 AM Central European TIme, 4 AM New York time. It’s a near perfect W with strong hourly oscillator patterns. A 2 day downtrend channel has been broken but the rub is that a 4 d…
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
Tomorrow marks the end of QE. This is huge. Forget interest rates, this is massive policy tightening in the face of gigantic tidal flows of…
This is just remarkable. In the span of only three months, this Internet giant has lost SEVENTY PERCENT of its value. Signs and wonders………
Months ago, I suggested shorting label king Avery, and five weeks ago, I followed up (see arrow) to state the short was going well and it was about to get better. Well, this is another investment idea related to an everyday object, and this time, i…
Well, it’s not like I haven’t been mentioning it for months, but gold was crazy-cheap last year, and even now it’s cheap. It’s wonderful owning so much of something that has become a rocket ship. Gold has absolutely trampled…
One seriously has to wonder why the Fed thinks inflation is running at about 2%. More like 40%, you clowns. Here’s what NICKEL did yesterday, which isn’t exactly a market one normally reads about. And, for you bread lovers, here’s…
Short term cycles have extended through expected peaks, thanks to the extraordinary circumstances. Projections on the 13/17 week and 9/12 month cycles have risen and…
After plunging through most of the night, the ES S&P futures staged a spike rally beginning at 3 AM in New York, 9 AM in Europe, when markets opened here. That rally has still left the futures in a steep downtrend. The rally faces multiple resistan…