The good news is that the 13 week cycle up phase now has a projection that indicates some upside. The bad news is that that…
Originally posted at The Daily Stool. Here is today’s stock screen output. This is raw data. These are not recommendations. They represent charts that have triggered…
Back in August 2007, the dangerous and decaying state of America’s infrastructure became a shocking reality when the I-35W Mississippi River Bridge in Minneapolis collapsed, sending vehicles crashing into the river below. 13 people were killed while an…
I thought I’d take a step back and just look at the current phase of the rally on an hourly chart. Bull or bear, as a chartist, it’s hard not to admire this.
It does not appear to be ready to quit yet. The projectile vomit of the fire breathing dinosaur…
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.
No, hyperinflation and, in fact, high inflation, ain’t coming, yet. But the concerns with both are rising… Both, input prices and output prices have accelerated in March, compared to February in Markit’s Manufacturing PMIs. Headline M…
Given a lot of noise about economic re-opening and abatement of the late 2020 wave of the pandemic, we expected BRIC countries PMIs to improve significantly in 1Q 2021 compared to 4Q 2020. Alas, the opposite took place:Brazil Manufacturing PMI fe…
Back on February 5th, I wrote in this report: The withholding data strongly suggests that more stimulus isn’t needed. As vaccine distribution widens, the economy…
A pitcher is worth a thousand words.
Great pitching beats good hitting.
The 5 day cycle projection is 4035-43. Almost there.
Chart.
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.