As $SPX is trying for a new high here and $ES futures are retesting the highs from November 9th I thought I may chime in with a few thoughts here. Firstly, in […]
Bears are wimpy. They can’t even stick to it for a whole day any more. Let’s face it. We’re pathetic.
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.
One sure way to identify a system “optimized for failure” is if all the insiders are absolutely confident the system is “optimized for my success”.
Pending Home Sales in the United States increased 20.20 percent in October of 2020 over the same month in the previous year. Pending Home Sales in the United States averaged 0.97 percent from 2002 until 2020, reaching an all time high of 30.90 percent …
APAC nations and regional economies score high in a ranking by the World Bank that assesses the ease of doing business around the world. Four out of the five top contenders in the 2020 edition- New Zealand, Singapore, Hong Kong and South Korea – are fr…
In view of the liquidity outlook, I’m on the lookout for a support test in the first half of the week. Pre market futures suggest that the market is on track for that. The futures tested the 3600 area in the pre market.
With the number of Covid-19 infections in the U.S. surpassing 13 million and a record 93,000 Americans currently hospitalized due to the disease, health officials warned people to refrain from traveling during the Thanksgiving holiday. Dr. Anthony Fauc…
The Dow loves 30,000 and the S&P loves 3600. Liquidity will be bearish until Thursday. And I’m working on a Technical Trader update that will lay out a trading strategy and chart picks for this week and beyond.
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.