CUSIP: 912796ZV4Term and Type: 30-Day BillCMB: YesOffering Amount: 40 BillionAnnouncement Date: 11/21/2024Auction Date: 11/25/2024Issue Date: 11/26/2024Maturity Date: 12/26/2024PDF | XML
There’s a triangle pattern breakout on the ES 24 hour S&P futures this morning. Triangle breakouts are usually explosive, but may or may not see follow through after the initial bang. One indication that suggests this one might is that this looks l…
Just posted: Ponzi Much? Understanding Treasury Debt and Market Fragility
Meanwhile, on the hourly chart of the ES, 24 hour S&P futures, we have a megaphone. It’s shouting loud but not clear. The hourly cycle indicators are edging to the sell…
The US government will sell T-bills this week in exactly the amount that it withdrew to pay interest on the Federal debt on November 15.…
With the election of Donald Trump as U.S. president at the beginning of November, the future of aid for Ukraine has been thrown into limbo. Trump has been an outspoken critic of U.S. military commitments abroad as part of his infamous claim to “make Am…
Last night’s pullback on the ES, 24 hour S&P futures, created a double bottom with a positive divergence on hourly oscillators. That’s a classic sign of a…
We got the short term low, but there should still be more work to do for 13 week and 6 month cycle lows to complete.…
The stock market decline stopped at roughly a 50% retracement of the erection rally. Now the rebound is stuck at a 5 day downtrend line…
There were 611 short-term sells and 222 short-term buys in the screens this week. After applying long term and intermediate term filters, there were 20…
Signs of a potentially extended up phase have disappeared. The up phases in cycles from 13 weeks to 10-12 months are now tenuous, with most…