What have we learned so far in 2021? Simple: The relentless liquidity machine remains in full control. In addition to renewed and larger fiscal stimulus central bankers, including the Fed, have made […]
Initial jobless claims claims dropped to the lowest level since March 2020 last week, signalling the onset of economic recovery. As more and more states ease restrictions in the face of falling case numbers, layoffs cede and more and more workers retur…
Reposted from The Daily Stool at The Stool Pigeon’s Wire. Meanwhile, back at the market, the futures extended the rally in Asia, but Europe woke…
The tally on my daily technical stock screens of 9000 issues on the NYSE and Nadsacs was 18 bullish and 26 bearish. That’s the best bullish showing in 9 days. But it was still wasn’t quite bullish overall. Here’s the list for your viewing pleasure.
Buyers of Bitcoin have seen fantastic results in the past year since the lows of March 2020. That is until the middle of this month as price has dropped a bit. Whether […]
Borrowing a quarter of the nation’s entire economic output every year to prop up an ineffective, corrupt status quo is putting a Band-Aid over a tumor.
A buttcoin is a cryptocurrency downside unit of measure. One buttcoin is $5,000. Buttcoins form when the price drops sharply. Bitcoin has now dropped two…
Stories matter to Wall Street and to most investors. And they definitely matter to the media. Without stories to tell, the financial media would not exist.
Yesterday, I wrote, “This is a top, no bout a doubt it.”
So then I post the hourly chart and it looks like this.
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.