Bears took yesterday’s screen game with 38 sell signals and 10 buy signals. That reverses Monday’s output, It’s just a flesh wound.
Call it a pothole. Call it a mini flash crash. We’ve had a few of these lately, and yesterday’s was epic.
I call it, Dealers Shake the Trees. They’re low on inventory because of relentless customer buying. They needed to shake some loose before t…
The cryptocurrency Ethereum soared this week to a new record value, a touch over $3,500. When looking at the currency’s journey to this price, it is clear that ‘soar’ is the correct verb to describe this rapid rise.As with many cryptocurrencies this ye…
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.
What’s left are the ‘fatal synergies’ of soaring debt and leverage, diminishing returns on stimulus, the substitution of credit for savings and the coming deflationary…
Dogecoin may have been grabbing the headlines over the past few weeks, but it’s not just been an astonishing year of growth for what started out as a meme – 2021 is fast turning into the year of the cryptocurrency.As this infographic shows, when compar…
If gold’s trading feels like an indecisive mess to you, it is because it is. Short term and intermediate cycles are all opposed to one…
According to data published by the United Nations Statistics Division, China accounted for 28.7 percent of global manufacturing output in 2019. That puts the country more than 10 percentage points ahead of the United States, which used to have the worl…
Despite 2020 being a sluggish year for the global automobile industry, electric car sales continued to grow. According to the latest edition of the International Energy Agency’s Global EV Outlook, electric passenger car sales climbed despite the total …
They’ve been zigging and zagging, and shaking and shucking. The dealers are trying to shake the tree, I think, as the US Treasury continues to pour phenomenal amounts of money into the markets, on top of the Fed’s QE.
Meanwhile, they’re trying to…