The cover curse abides.
CUSIP: 912796M97Term and Type: 78-Day BillCMB: YesHigh Rate: 0.070%Investment Rate: 0.071%Price: $99.984833Allotted at High: 66.53%Total Tendered: $172,460,917,000Total Accepted: $60,000,443,800Auction Date: 12/20/2021Issue Date: 12/22/2021Maturity Dat…
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.
After a grim one and a half years for movie theaters in the United States and across the globe, Peter Parker aka Spider-Man came to the rescue this weekend, not only shattering pandemic box office records, but some pre-Covid ones as well. According to …
Stay short?
Yes, it was a good night to be short. And a good week.
My chart picks crushed the market last week. Ended the week with 8 open picks with an …
How vulnerable is your personal supply chain? For the average American, the answer is: very.
Weeks ago, I wrote my premium members asking Will the Rainbow Crack? (it did!) and since then Bitcoin has endure a slaughter of about $25,000 or so. It’s ugly stuff. More important than that, my view is that the entire crypto space shifted fr…
Cycle screening measures screamed higher in a pattern similar to October-November 2020. That led to a breakout and long upleg. It doesn’t guarantee the same outcome here, but we need to be cognizant, and prepared for the possibility.
Global markets appear acutely vulnerable.
But when the Fed’s fundamental powerlessness is revealed and the buy-the-dippers have been forced to liquidate, the true meaning of “mild” contagion will become apparent.