The Chinese special administrative region of Macau is well-known for its gambling tourism. With the government of the People’s Republic potentially tightening regulations following a public consultation concerning the gambling market, stock prices of t…
OK. I cheated. That’s counting the weekend. Was there an up day yesterday. Sure can’t tell that from the hourly chart. And as of 5:45 AM in New York, the price of the ES, S&P futures, has reached a critical juncture.
That juncture is the pric…
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.
The cycle picture is hazy. The table at left (subscriber version) is my best guess. A short term low is due, but at a lower projection. The would-be 13-17 week cycle up phase has gone nowhere, despite a new projection that points higher. If it doesn’t get out of this range soon, it would suggest the possibility of a wicked down phase ahead. If the price holds above the May-August downtrend line as shown on this chart (subscriber version), that would be constructive
When Apple reported its latest full-year results in October, there were no major surprises: iPhone sales were slightly down year-over-year, services revenue reached yet another all-time high and the segment formerly known as “Other products”, now calle…
Here’s the 2 hour bar look.
Strange. We’re not used to seeing persistent downtrends that last for 8 days. Must have something to do with Sell Rosh Hashanah, Buy Yom Kippur.
And lest we forget, it’s that time of the month. Fed MBS settlement…
A great many essential components in America are on ‘indefinite back order’, including the lifestyle of endless globally sourced goodies at low, low prices.
Foot Locker has completed its topping pattern
Regarding crypto, I hate coming off as capricious, but allow me to defend myself with Exhibit A.
One major positive effectsof Covid-19 vaccinations have been made plainly apparent in new Office for National Statistics data for England. As this infographic shows, of all Covid-related deaths in the country from 2 January to 2 July 2021, 37.4 percent…