Two weeks after the conclusion of the Epic Games v. Apple trial over the latter’s allegedly anticompetitive app store policies, Apple used its WWDC keynote to defend these policies and tout the App Store’s success. “Since the beginning, we designed the…
Cycles are mixed, and cycle screening measures are deteriorating, but there are still reasons to expect the averages to head higher. Here’s what they are,…
And it is true that I have absolutely nothing intelligent to say about this. Perhaps you do, but I don’t.
Nobody seems to notice the ‘diminishing returns’ on Fed manipulation, oops, I mean ‘intervention’.
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.
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.
For several months, I’ve been positing the idea that when the Treasury gets its cash level down to the legally required limit, the stock and…
It’s right there in the data: one of history’s most spectacular monetary inflations and asset Bubbles.
The Fed’s god-like powers will be revealed for what they really are: artifice and illusion.
I just can’t.
OK, let’s zoom into the 30 minute bars and see if it makes any more sense.
Well, no. But the 2-3 day and 5 day cycle projections are now both around 4260.