A fresh chart of the percentage of stocks above their 200-day moving averages.
We here in the land of the free aren’t allowed to buy them, but outside the US, you can.
While the Atlantic hurricane season runs from June to late November, about 85% of activity happens between August, September, and October.
The post Visualizing the Typical Atlantic Hurricane Season appeared first on Visual Capitalist.
Economic data reports
We know you’re all just poor corrupt officials, but bleating excuses won’t save you from the karmic payoff.
Powell has continuously offered the canard that, yes, trillions of dollars of fresh fiat have been thrown into the market (mostly his banking buddies), but, magically, inflation will just be a blip.
The 9/11 attacks are the most costly man-made disaster recorded in modern history, at least if you look at them from the perspective of the insurance industry. The attacks against the World Trade Center, the Pentagon and other buildings in the US cost …
Focus on what matters, not the false news headlines. Here’s what matters.
I’ll start with the 2 hour bars this morning, for perspective. As of 4 AM in NY, the numbers to watch, progressively, for resistance, are 4518-20, 4525, and 4530. If those are cleared, the next target would be 4550, and that could happen fast.
Then…
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.