After a turbulent 12 months that saw Tesla’s share price soar by more than 700 percent, the world’s most valuable car maker was added to the S&P 500 index on Monday. Tesla was by far the largest addition ever to the S&P 500, causing a trading avalanche…
As you know, Dennis Rodman was one of the greatest rebounders in NBA history. Likewise, after his career, he always had the knack of rebounding into the spotlight in strange and mysterious ways.
Meanwhile, back at the stock market, t…
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.
The price per barrel of oil has been steadily decreasing over the last several years in the U.S. Competition in the form of natural gas and cleaner energies has started to take noticeable cuts into the market share of oil across the country and globe. …
The profit-maximizing Big Tech / Big Media Totalitarian regime hasn’t just strangled free speech and civil liberties; it’s also strangled democracy.
The Fed continues to fund roughly 85% of new Treasury issuance. It affirmed at last week’s FOMC meeting that it won’t cut QE for the foreseeable future, and it will add, if needed. That means that if the Treasury needs to borrow more, the Fed will add more QE.
But it’s now apparent that the Treasury won’t borrow more for the foreseeable future. The new stimulus bill that we now know is about to pass will cost $900 billion. But the Treasury has $1.6 trillion in cash on hand.
This has huge implications for the stock and bond markets.
The story is that the new COVID19 strain discovered in the UK is la raison du jour.
The 5 day cycle projection is so far in the rear view mirror I can’t see it (3650). The 2-3 day cycle projection is 3590.
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.
There’s much more to the story.
Oh boy, bears are not going to like this setup. It’s bad. Really bad.
The 10-12 month cycle continues to trend upward against its supposed cyclical down phase. What happens when the next up phase starts?