Well, I’ve been rolling my eyes at Bumble (BMBL) ever since it came out, and it’s played out disastrously. If you are not familiar with the company, their ENTIRE business model is to provide a clone of the hookup app Tinder but with a t…
Yeah, I know. The bear market is over. The opportunities are gone. It’s too late. Oh, I don’t think so. I, once again, present to you the high-yield bond fund JNK: Here is the longer view. Think this is done? I don’t. I think it&#…
All we hear about is how “hot” our economy is and how it’s OK that it is “running hot“. Ummm, are their screens upside-down? Because I’m not the brightest bulb in the hardware store, but to me this doesn’t …
Following the joint announcement of further economic sanctions against Russia made by Western leaders on Saturday, the Russian financial system was shaken to its core on Monday. In response to the most severe sanctions yet, the ruble’s value crashed to…
Started in 2008, the Great Green Wall is a monumental initiative to regenerate the semi-arid northern Sahel region to prevent the Sahara from spreading southwards. The idea is to plant millions of trees on a strip of land about 8,000km long and 15km wi…
Well, the bulls managed an explosive, terrifying breakout this morning, only to have it blow up in their face. The bulls are basically the Russian soldiers – – childish, clueless, brutal, and amoral. Whereas the bears are like the Ukrai…
In a bid to capitalize on the growth potential of electric vehicles, Ford announced a major restructuring on Wednesday that will separate its legacy ICE (internal combustion engine) business from its electric vehicle division. The former, to be called …
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 conflic…
I’ll start with the 5 hour bars on the ES S&P futures to show you just where we are in terms of the downtrend since the January high. We are right there on the verge of a breakout through one channel, but still facing resistance every 5-10 points f…
OK, I can’t end the day without just one more post. It’s a simple one, and one which applies to the market as a whole. I’ll leave them to your own interpretation (except for my always handy tip to click the danged thing for a bigg…