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 might anticipate that the bottom 50%’s meager share of the nation’s exploding wealth would have increased as smartly as the wealth of the billionaires, but alas, no.
Ok. I’m sticking my neck out. But the 5 day cycle projection has been hit on the S&P futures in overnight trading in Aids Ya and Your Rope. And there’s a wee bit of a possible bottom pattern in the price graph and hourly oscillators.
Yes, thi…
Including 5 holdovers from last week, there are now 13 open picks on the list, all longs.
As a fan of both history and finance, I cannot believe this chart was made five years ago and I had never seen it! In any case, here it is; click on it for better readability, as there is a huge amount of information.
Bonds sold off again last week with the yield on the 10 year Treasury closing over 1.6% for the first time since early June. The yield is now down just 16 basis points from the high of 1.76% set on March 30. But this rise in rates is at least a little different than the […]
OK, earnings season is starting again, people! And that means we can finally pretend it’s the early 1980s again and things like revenue, earnings, and management actually mean something.
From a time perspective, the 10-12 month cycle ideally should be in a top phase. But it surpassed its last cycle projection of 4440 so it is probably in trending mode. Both the 6 month cycle and the 13 week cycles appear to be trending.
Some clothes-related companies whose stocks I think are in trouble……….