Yet again, whenever I pick a few shorts to add to the list, the market smacks me upside the head. Fool me once, shame on you, fool me twice, shame on me. It’s like our permabear friends, whose names I’ll withhold out of respect for the dead, who have been warning for 12 years that the market is about to crash. They will be right one day. Well, every few months I’ll see a few short picks that I like and add them to the list. We’ll probably keep losing money on them, but one day, I’ll be right. You’ll see! 😆
If leveraged speculators get hammered in Chinese bonds, they’ll be forced to slash risk elsewhere.
My sister-in-law represents the apotheosis of trading genius in the past twelve years. What does she know about finance? Nothing. What does she know about charts? Zero. But she put all, and I mean all, her money into Apple, and she ha…
The number one reason to “cancel” a brand – or at least boycott or protest them – is the mistreatment of animals. Animal cruelty was named as the top reasons why consumers would give up on a brand in all three countries included in the Cancel Culture s…
Not only does it describe the market, but I’m on a train from Bratislava to Krakow, with intermittent connectivity. I will be with you in spirit. 😂
Idaho is America’s fastest-growing state, according to data released by the U.S. Census Bureau. Its population increased by 2.1 percent to almost 1.8 million from July 2018 to June 2019. Nevada is the second fastest growing state, followed by Arizona. …
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.
All debt-fueled speculative bubbles pop, even as cheerleaders claim otherwise.
Previously to the coronavirus pandemic, the growth of disposable incomes – the money that remains in peoples’ pockets after they have taken care of their basic needs – differed widely in the OECD. Eastern European countries like Poland, Estonia or Lith…
It has been all downhill since I noticed the double top yesterday. Dramatic turn of events. But the ES S&P futilitures had reached their upper measured move target from the reverse head and shoulders breakout, of 4350. At that point, the trading algos all decide that they’d go no further, triggering their Sell Mortimer algos.
Now we’re at the point at 4 AM in NY that the price could drop back below the upper line of the big megaphone pattern.