Wake up.
Get out of bed.
Turn on your screen.
Your shorts are dead.
That said, this is barely a 50% retracement, which is at 3860 on the ES fucutures. There’s also resistance at 3855. Above 3860 resistance lines come at 5-7 point i…
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.
Today’s Fed QE
Perhaps we need an honest national dialog about declining expectations, rising inequality, social depression and the failure of the status quo.
I was told many years ago when I started in this business that it wasn’t my job to predict the future. Our job as investors is to properly and accurately interpret the present.
Last week’s selloff did less damage than it may have felt like. The drop stopped in the area of 3 crossing uptrend lines, ranging in length from short term to long term. Here’s what would tell us whether the uptrend is still in force, or signal that something evil this way comes.
I have added 8 new stocks to the swing trade chart pick list, including 2 shorts.
Is that really what you want to spend your time doing, paying higher taxes?
The bear market in Treasuries that started in August devolved into an outright crash last week. Meanwhile, evidence shows that cash in Primary Dealer accounts has exploded to the highest level in history, with the biggest weekly increase in history. There’s also circumstantial evidence that that cash came directly from US Treasury, away from the publicly visible means that we already saw last week.
The U.S., after all, is running unprecedented peacetime deficits, with a new $1.9 TN stimulus package scooting through Congress. This legislation will be followed by what is sure to be a major infrastructure program. There is literally colossal deficits and Treasury issuance as far as the eye can see.
While the past decades have seen rapid urbanization in India and China, cities in Africa are growing fastest in the current one. In the first half of the 2020s, the U.N. Population Division expects 28 cities to grow at an average annual rate of more th…