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.
On Tuesday, after ten years of effort by all kinds of organizations, the very first Bitcoin ETF will start trading (symbol: BITO). In anticipation of this momentous occasion, let us take just a moment and consider that: There is going to be an exch…
One of my put positions, Royal Caribbean (RCL) cracked a medium-term trendline: I see good things ahead.
As for all those automated systems we have to navigate–do any of them work so well that those profiting from them actually use them? Of course not.
Between the years 2020 and 2030, more than 75 million Indonesians will join the so-called consumer class, a group of people who spend more than $11 (in 2011 PPP dollars) per day. This will cause the country to become the fourth biggest consumer market …
The Q3 GDP growth of China – published today – can be seen as the first real post-pandemic reading by the country. Despite the effects of the coronavirus crisis not affecting the year-over-year figures anymore, the results nevertheless turned out disap…
As we can see on the hourly chart, after the ES S&P futures hit trend resistance, and an ostensible 5 day cycle projection of 4478.
We also saw a classic negative divergence at on the hourly oscillators at the high.
As far as how far do…
This Friday’s screens had 24 buys and 25 sells. That compares with the previous Friday’s 25 buy signals and 17 sell signals. Friday’s strength in the market averages was neither broad, nor monolithic.
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.
One of the reasons that I like crypto is that it never stops trading, so even on weekends, you can get a sense as to how the Asset Animal Spirits are doing. As I’m typing this on Sunday afternoon, crypto is on the weak side, and it makes me w…