The US economy is still stuck in the stall its been in since early spring. Sometime in mid-March everything just seems to have gone into suspended animation. Interest rates and the copper/gold ratio stopped rising. Real interest rates (TIPS) stopped rising. The US dollar started falling. But nothing has fallen so far as to warrant […]
Cycles are still bullish, with the 6 month and 10-12 month cycles apparently in trending mode. This means that there are neither price projections nor…
Incredibly, one third of Americans do not find the existence of alien life too incredible. In a 2019 survey by Gallup, 33 percent of U.S. adults said that they believed that alien spacecraft have been among some UFO sightings in the past. 60 percent of…
Recently we proclaimed 2021 to be ‘the year of the cryptocurrency’. It was four weeks ago (ages in crypto terms), and a whole raft of major currencies were fyling high, having been set on a dramatic upward course around the start of the year. Now thoug…
According to new research published in the Lancet, the number of smokers worldwide reached a new high of 1.1 billion in 2019. While the share of smokers among the world population has decreased quite dramatically, global population growth nevertheless …
A look at the RAC Foundation’s Transport Price Index immediately highlights the unsustainable course public transport in the UK is on. When it comes to cost for people looking to travel by rail, bus or coach, the price increases from 2021 to 2011 are f…
Papua New Guinea, Oman and the United States are still the only countries not offering new mothers some form of paid maternity leave. Family friendly policies are important as they enable parents to balance work and home commitments more effectively wh…
What does it say about our “prosperity” if we can’t even afford to equal the purchasing power of the minimum wage paid 50 years ago? It says the 1% got the mine and the bottom 90% got the shaft.
That the era of stability has ended and a new era of increasingly chaotic volatility has begun is not on anyone’s radar as a possibility.
The volatility subsided, but the range remained. 4 picks dipped below their stops. Were they too tight? Or is this the beginning of the end for the longs. Time will tell.
Meanwhile, list performance improved slightly to an average of +2.4%, up from +0.2% the week before, on an average holding period of 15 days, up from 10 days the week before. The percentage change assumes cash trades, no margin, no options.
The stopouts left just 4 picks on the list. All are longs, and all look ok to hold, with stops adjusted based on trigger lines in the charts. I added two more picks from Friday’s screen.