I think that it is safe to predict that today is Monday. Therefore, being the first day of the business week in the Western World, we will start with a look at the 4 hour bars of the ES, S&P 500 fugutures, for perspective. It probably bears remindi…
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.
Well, indications for TSLA won’t be available until Monday morning, so the /NQ (which is made up of about 5% TSLA) is all we’ve got. Yes, it gapped…
On Friday of last week, I did a premium post which simply stated the following: The stock has reached absolutely laughable levels. Tesla by itself was worth more than ALL other…
Just to show where we’re at, here’s the Wilshire 2500 (and, yes, this is a log scale, so this isn’t one of my dramatic arithmetically-scaled charts). Quite a sight.…
Technical Trader subscribers click here to download the complete report. This Friday’s screens had 68 buys and 22 sells, which is far more signals than…
Short term cycles look to be headed for a breather. But don’t expect much downside. The 13 week cycle has an updated projection.
More evidence this week of a historic mania running unchecked. 1999 was crazy, but at least that mania was relatively contained within Internet and technology stocks. It wasn’t fueled by Trillions of central bank monetary inflation. These days, manias are everywhere
I‘m sorry. I know that none of us are supposed to believe the market can ever go down again. I know that we’re in a permanent bull market. And I know that the…
FEEDThe glory days of Moderna and freakishly-named BioNTech appear to be well behind them: