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.
Preface to all three parts: even though the S&P 500 is only about 10% lower than it was at its lifetime peak early this year, the carnage among younger stocks is many times that amount. These were some of the most hotly-anticipated, eagerly-awa…
Here’s how the airlines are doing in this increasingly airspace-is-closed world:
One of the beneficiaries of the mayhem in Russia has been aluminum companies. Here are a couple: Because………..aluminum: