In WW2, the Allies- US and Brits, bombed the crap out of the neighborhood where I currently live. Here’s a little background about my neighborhood. And speaking of bombing, take a look at this market in the wee hours this morning.
Following a surge in new housing starts to end 2019, the global COVID-19 pandemic reached the private housing construction industry in the U.S. and caused a record-low number of new projects in the country. After several straight months of growth, howe…
Is there no limit to monetary interventions? Are they forever consequence free? Can every economic and market problem be solved by ever more intervention? Anyone like myself that has questioned the efficacy […]
So babble on, Babble-On 7; it won’t change anything. The forces in motion are like tides, and you can’t talk the tide into reversing.
As the United States pledges $4 billion to support COVAX and the equitable distribution of Covid-19 vaccines worldwide, a long list of governments still have not been able to secure enough doses to start inoculating their populations. New Zealand, one …
And shoulders over 3 weeks. Completed, and busted. The thing measures to about 3805. The 5 day cycle projection points to 3855-70. But there’s a fly in the bear’s ointment.
Today’s Fed QE
Last week was only four days due to the President’s day holiday but it was eventful. The big news of the week was the spike in interest rates, which according to the press reports I read, “came out of nowhere”. In other words, the writers couldn’t find an obvious cause for a 14 basis point […]
We may be skating on very thin ice here, but the weight of the evidence still supports a weak bull case for the near to intermediate term. So I’m adding buy picks on the chart pick list and adjusting trailing stops to account for the risk.
Existing market infrastructure will buckle under tens of millions of synchronized sell orders.