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.
Below is a chart of the SPY Please take special note of the two supporting trendlines.
The conditions we were looking for last month have happened. It sets up a perfect storm. But we are ready for it.
In the latest joke of our clown world, here is Rivian, a company that has sold ZERO production vehicles, has ZERO revenue, and BILLIONS in losses. Last month, it was worth more than Volkswagen. I suspect strong price support will be found at $0 and…