The Chinese housing market has continued a slowdown that it started by the middle of 2019 during the coronavirus crisis. In July 2021, the year-over-year increase in the country’s 70 major housing markets was only 4.6 percent for new residential buildi…
Including 5 holdovers from last week, there are now 13 open picks on the list, all longs.
From the 2 hour bar perspective, Friday’s breakdown completed a helluva top pattern. Now, at 5:30 AM NY time, they’re fighting their way back. Here’s the 2 hour bar look.
They’re attacking resistance at 4489. If they get through that, the n…
Well, crypto continues to be unable to make up its freakin’ mind: So let’s turn our attention to the Russell 2000 futures, which have been range-bound all year – yes, all YEAR – long. The next four weeks could be pretty cool…
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.
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.
I started to wonder how the banking indicators were looking lately. I’ve looked at the charts this morning. In updating this for you, I’ve again attempted to minimize the verbiage here. The charts are bad enough.
It’ll be interesting to see on Sunday afternoon, when the Globex opens, what the news about tapering plans will bring. I guess, deep down, everyone with a triple-digit IQ recognizes that any tapering will be swiftly and violently aborted if t…
The financialized American economy and State are now totally dependent on a steady flow of lies and propaganda for their very survival. Were the truth told, the status quo would collapse in a putrid heap.
The Wall Street Journal ran with the headline “What if China’s Property Crackdown Goes Overboard Too?” for its Tuesday’s “Heard of the Street” article. A Bloomberg piece went with “China Property Crackdown Alarms Analysts as Economic Risks Grow.”Septe…