Thanks to an unprecedented growth spurt, fueled in part by the COVID-19 pandemic and the changes to our lifestyles it brought along, Netflix passed the 200 million subscriber milestone in 2020. After a brief slowdown in Q3 2020, the company added 8.5 m…
In a speech announcing the United States’ withdrawal from the Paris climate change agreement in 2017, President Trump said that the decision was made in order to “fulfil my solemn duty to protect America and its citizens”. Senate Majority Leader Mitch …
A strong level of trust with customers is going to prove hugely important for recovering businesses when the pandemic finally comes to an end. This has already become evident in some sectors such as the airline industry which has been providing passeng…
The market kept accelerating out of trend channels yesterday. That’s crash behavior. In this case, a crash-up.
Today’s Fed QE
Allow me to translate the risible claims of Jay Powell and Janet Yellen that their stimulus policies haven’t boosted wealth inequality to the moon: “Let them eat cake.”
Eurostat has released some new data showing how Covid-19 caused deaths to rise rapidly in many parts of the European Union from March 2020. Compared to the average mortality rates in previous years, the death rate was exceptionally high throughout 2020…
Recent weakness has negated the upside implications of the reverse head and shoulders pattern that formed between October and January. The up phase in the 9-12 month cycle now looks like it will remain flat. Here’s what needs to happen to keep things on the up and up. And a gold miner pick to swing.
3815 around 1 PM ET.
At least that’s the 5 day cycle projection. For the big picture, see
The Composite Liquidity Indicator (CLI) Says Honor Thy Father and Thy Mother
Lots of Signals, Mostly Sells, Means Good Shorts Ahead
Donald Trump granted a wave or pardons and commutations to 143 indivduals as one of his final acts as president with the list including political allies, rappers and financiers. Trump’s former chief strategist Steven Bannon was the most prominent perso…