The graph below shows the stock market (in blue, by way of the SPY) and the junk bond market (by way of JNK, although you just as easily look at SJNK, HYG, EMB, or a variety of other debt-sensitive instruments). My view is that credit will lead the…
FEEDHey, remember back in November when Avis (symbol CAR) went roaring higher, single-handedly pushing the Dow Transportation to a lifetime high? How quickly things have changed……….
May I direct your attention to another glorious short, the EuroZone, by way of EZU.
The analysts of Statista eCommerceDB estimate Amazon’s European revenues at around 54 billion euros for 2020, which is more than the combined total of the other nine eCommerce brands in the ranking. Number 2 is Tesco, but by a wide margin. Britain’s la…
Coinbase’s QR code ad at this year’s Super Bowl might have broken its website with its disruptive concept, but it was far from the most successful ad when it comes to search traffic. This specific trophy goes to EV car maker Polestar, whose ad poked fu…
The equity markets are surging higher this morning, I have almost nothing but short positions, and I think it’s great. Why? Well, because the markets are behaving in a completely chart-friendly manner,
The Big Giant Head Pattern which we have noted for the past several days, has grown a tumor from the left ear. This invalidates the bearish implications of the pattern. Here’s the 2 hour bars view.
Goodbye Gritty!
The hourly bar…
IBM has been granted the most U.S. patents in a year for the 29th year in a row. According to data from the IFI Claims Patent Services, the IT giant based out of Armonk, New York, was assigned 8,682 patents in 2021. As our chart shows, this specific le…
A wipeout of nearly 75% in just six months. I’m sure the insiders dumped at just the right time and left the retail bagholders wondering what just happened with their “investment.” The fascist free-money-from-the-Feds Pfizer is ac…
I’ve been noticing companies that cater to people with horrible credit aren’t doing that great lately.