Rule Number One is – The trend is your friend.
But which trend? Here’s a 2 hour bar chart of the ES, S&P futures, for perspective on the very short time frames we watch on this thread. There are two trends. One is a 30 day downtrend that has n…
As the United States and the EU are working on a strategy to replace natural gas supply to Europe should Russia turn off the tap in a standoff with Western powers over Ukraine, Qatar has said that it sees no way that it could replace the needed amount …
On January 19th, I did a very bearish post about PayPal, where I said, and I quote……. I strongly suspect it has a LOT lower to go because – – to use a sophisticated charting term – – it, too, is a steaming pile of dog crap, and will ult…
R A P I D and V I R A L would be pretty good opening words if you were playing a round of Wordle about the game itself. As the latest figures provided to Statista by Similarweb show, If you haven’t heard of the game yet, you’re increasingly likely to b…
The Indian national budget was released on Tuesday, earmarking more funds for transportation and defense, among others, while rolling back pandemic-era food subsidies. In the fall of 2021, Prime Minister Narendra Modi had already announced a major mode…
Subscribers, click here to download the report. Gold’s trading range is getting thinner, promoting violent moves within the range. On the mining stocks, over the…
Today is Ballerina Day, so to all you Ballerinas, have a wonderful day!
At the close yesterday I revised the 5 day cycle projection on the ES, S&P fugutures lower to 4570. Earlier in the day I had it at 4610. That was then. This is now. We’re…
The global financial center Hong Kong takes first place in Statista’s latest Global Business Cities Ranking. The Statista Global Business Cities reports evaluate economically relevant cities from around the world based on the most relevant data for dec…
Well, any hopes we bears had about Alphabet re-igniting the bear market have been laid waste. The stock is absolutely exploding higher by triple digits, and it has sliced through virtually the entirety of its (former) topping pattern. Even with Goo…
We are in effect so busy arranging the beach umbrellas per our instructions that we don’t notice the approaching tsunami.