Will the bears also score a late goal today to tie the stock market game?
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.
It’s been quite a 48 hours in crypto-land! Let’s review…….. Magenta zone was the crash. It was basically the equivalent of the Dow Industrials falling about 5,000 points within the span of a few hours. I got stopped out of 1…
It’s a peculiarity of the human psyche that it’s remarkably easy to be swept up in bubble mania and remarkably difficult to be swept up in the same way by the bubble’s inevitable collapse.
Gold is on the cusp of signaling a possible intermediate cycle low. A daily close above the trendlines at xxxx (subscribers only) would be a good start to confirming that.
I didn’t think so. But after yesterday’s selloff in stocks, I thought about George Bush One’s famous gaffe, in his September 7, 1941 Pearl Harbor speech.
I don’t think yesterday was Pearl Harbor with the bears finally sneaking up on the bulls, b…
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.
Including 5 holdovers from last week, there are now 13 open picks on the list, all longs.
Apparently traders are taking the old Wall Street adage to heart. Sell Rosh Hashanah, buy Yom Kippur. So Happy New Year to all you Jewish bears out there, and other celebrants and non-celebrants alike. L’shana tovah.
At least this morning, we get…
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.