Richmond Fed Manufacturing Index in the United States decreased to 8 points in January from 16 points in December of 2021. Richmond Fed Manufacturing Index in the United States averaged 3.21 points from 1993 until 2022, reaching an all time high of 28 …
On January 2 I stated: “the party is rapidly coming to an end and the Fed will want to curb inflation without causing a recession which will be a real task. How […]
As the U.S. placed 8,500 troops on alert for a possible deployment to Ukraine Monday, fears of a new major conflict arising in Europe are abound. Russia has been causing the heightened security concerns as it has placed as many 100,000 troops along the…
With most U.S. corporations having filed their 2021 LD-2 reports with the U.S. Senate Lobbying Disclosure, Meta-owned Facebook and Amazon came out on top in terms of expenses for lobbyists in the tech sector. As our chart shows, the rest of the GAFAM c…
It’s 5 AM in New York. Do you know where your ES S&P fugutures are? Well, after pulling back overnight, they’re back to attacking, and as I write, slightly breaking, one of the many downtrend channels that have contained it for the past two weeks. …
A week or two ago, Peloton announced they would be cranking up fees to deliver their stationary bicycle to homes by hundreds of dollars. Not long after, the stock collapsed. Similarly, a couple of weeks ago, …
The number of traders who beat the indices soundly over both Bull and Bear markets are very few in number.
I have unfortunately gotten a few days behind schedule on publication this week. I am currently working on a Primary Dealer update which I’ll post…
Let’s stop talking about equities for a moment and turn our attention to the one thing whose bull market I always applaud, which is GOLD. Looking at symbol GLD there is some very interesting action happening in the form of a symmetric triangl…
Below is the founder of Palantir, which was created here in Palo Alto and actually took over Prophet’s old offices downtown. The chap shown is founder Alex Karp. Take a good look at his clothes, his visage, and his general demeanor. Every mol…