No, I’m not talking about the card game.
Friday I called attention to an obvious buy setup.
Later, I likened that setup to a hot poker.
Now, they’re turning the hot iron in the fire. The 5 day cycle projection is 4708. Th…
Technical Trader subscribers click here to download the complete report. This Friday’s screens had 29 buys and 30 sells. It compares with 68 buys and…
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
Consumer sentiment hit a decade low last month, falling 6 points from an already low level. The culprit? Inflation, which we learned last week hit a 3 decade high in October. And if the founder of the University of Michigan consumer sentiment survey is right, the next thing we’ll see is an economic slowdown. George […]
Short term cycles look to be headed for a breather. But don’t expect much downside. The 13 week cycle has an updated projection.
they got stuck in this narrative and they held on to it for too long, and the result of which is they’re looking at inflation that is much higher than they ever expected; they’re looking at inflation that is much broader than they expected; and they’re looking at inflation that is going to last even longer than they expect even now. So, it’s going to go down in history as one of the worst inflation calls by the Federal Reserve.”
bond prices will head lower. That could set off a firestorm in not only Primary Dealer inventories, but bank long term bond portfolios as well.
Job Quits in the United States increased to 4434 Thousands in September from 4270 Thousands in August of 2021. Job Quits in the United States averaged 2689.71 Thousands from 2000 until 2021, reaching an all time high of 4434 Thousands in September of 2…
Job Quits Rate in the United States increased to 3 percent in September from 2.90 percent in August of 2021. Job Quits Rate in the United States averaged 1.94 Percent from 2000 until 2021, reaching an all time high of 3 Percent in September of 2021 and…
It makes perfect financial sense to crash the market and no sense to reward the retail options marks by pushing it higher.