After the emotional appeal of the director of the Centers for Disease Control and Prevention, Dr. Rochelle Walensky, on Monday, the COVID-19 situation in the U.S. has been under close scrutiny. Walensky spoke of “impending doom” as falling case numbers…
A devastating second wave of coronavirus infections in connection with mutant variety P.1 has caused deaths from COVID-19 to soar in Brazil. As of March 31, the 7-day rolling average of daily new COVID deaths stood at 14 per one million of population. …
According to the latest ONS figures, over one million people were estimated to be suffering from Long Covid in the UK in the four weeks ending 6 March. Long Covid is defined as “symptoms persisting more than four weeks after the first suspected coronav…
Might there finally be some good news ahead for goldbugs?
Today’s box score, 66 -11, Bulls win. There were 64 buy signals and 13 sell signals. 2 of the sell signals were inverse ETFs. This is follow through from last weekend’s screen when there were 155 buy signals. That was the driver, despite the hiccup of the past 3 days.
The Centers for Disease Control and Prevention released provisional mortality data showing that Covid-19 was the third leading cause of death in the U.S. last year. Two reports were part of the CDC’s Morbidity and Mortality Weekly Report which found th…
If at first you don’t suck, cede, then try, try again.
You do realize don’t you, that this “top” will become a massive reverse head and shoulders saucer bottom, if they break out, right?
But don’t get too excited yet.
I’m talking about the Velocity of Money. It does not measure speed of transactions. Whoever came up with that concept was full of crap. And as usual with most crap in eConomics and finance, it became accepted as religious Truth.
Which confuses the issues. eConomists like it that way. When they confuse everybody with their nonsense, they feel powerful. So let’s cut through the crap and see the game they’re playing for what it is.
Buyers know there will always be a greater fool willing to pay more for an over-valued asset because the Fed has promised us it will always be the greater fool
The scorecard today is 61 total signals, 27 buys, 34 sells. That’s meat grinder stuff.