More than 40 percent of experts surveyed by Allianz Global Corporate & Specialty think that cyber crime and business interruption will be the biggest business risks in 2022. As our chart shows, natural catastrophes and the effects of climate change hav…
A new U.S. government website where Americans can order the delivery of up to four free at-home Covid-19 test per home address launched without much fanfare on Tuesday. By the time word got out on Wednesday, the URL COVIDtests.gov was mobbed by those l…
Well, I’ve been warning about this horseshit bond market for 18 months or so, and that’s been the correct stance. After all, in March 2020 the 10 year hit 0.5%. It got back there in July and August 2020. This morning, it almost ticked 1.90. I have litt…
Even though K-Pop stans are arguably the most fervent fans when it comes to promoting their favorite acts on social media, the top-viewed YouTube videos are dominated by songs for kids. One of them, the notorious Baby Shark Dance, has not only become t…
Step by step…………
If you’ve had the pleasure of visiting Norway in recent years, you may have been amazed not only by the country’s breathtaking landscapes, but also by the number of Teslas zipping around the streets of Oslo. Having surpassed an electric vehicle share o…
After the U.S. troops’ withdrawal from Afghanistan in August 2021, President Joe Biden’s approval rating dropped from the mid-50s to the low 40s. So far, Biden hasn’t been able to get back into the good graces of his constituents, who in the last weeks…
I concluded last week that the small number of signals, particularly buy signals suggested that the rally was exhausted, despite the buys having the edge. I chose not to add any charts to the list, long or short, but held on to all of the shorts that had been on the list.
That looks to have been the correct judgement.
This week, I’m adding 5 more shorts to the list.
Could it bee-e-e-e-e-e-e….
http://capitalstool.com/music/satan.wav
Short term cycle projection 1.90. Conventional measured move target from the massive high base inverse head and shoulders pattern, 2.35.
See Breakout Under Way!
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What is the consensus about the economy today? Will 2022 growth be better or worse than 2021? Actually, that probably isn’t the right question because the economy slowed significantly in the second half of 2021. The real question is whether growth will improve from that reduced pace. The Atlanta Fed GDPNow tracker now has Q4 […]