FEEDof its counter-trend rise.
Well, the tech bulls did it; the /NQ futures have pushed above a line that has proved to be formidable resistance for weeks, until this morning: The real question is – – will this be a setup to assault the lifetime highs (made on Novemb…
As 2021 heads toward its end, the market has its 69th record high looming on this first day of the last week.
Still working toward a 5 day cycle projection of 4755. But there’s a ton of resistance indicated 4745-50. If it doesn’t roll over there, next target would look like 4780-85.
Ciao!
Holiday Wishes and Publication Schedule
Get Ready …
OK, this is going to be an unusual post. It has nothing to do with charts, or finance, or theology, or philosophy, or my personal life. It has to do with a hardware product called the Milwaukee M12 Airsnake. There are three relevant facts here: (1)…
What would be truly optimistic would be to surrender our dependence on asset bubbles and malinvested debt to prop up an unstable delusion of effortless “wealth.”
I’m on a train back to Warsaw. There are about 100 passengers on this car. I took precautions.
The bulls are also well protected.
For now. 5 day cycle projection 4740-50.
But the time bomb goes
tick
…
If you are not familiar with the term “zombie company”, it is an organization whose earnings before interest, depreciation, and taxes are insufficient to cover the interest payments alone. Here are 7.
I want to wish you and your family Merry Christmas, Happy New Year, Happy Holidays, and Happy Festivus, the holiday for the rest of us.…
Which countries and regions contribute the most to the world economy? In this infographic, we break down all $94 trillion of global GDP by country.
The post Visualizing the $94 Trillion World Economy in One Chart appeared first on Visual Capitalist.