Europe has lost 60 percent of its Jewish populaton since 1970 according to a new study by the London-based Institute for Jewish Policy Research. Its key findings were published by The Guardian with the decline attributed to the collapse of the Soviet U…
As the trading range on gold tightens, there are some negative signs. I’m packing it in on most of the the mining picks for the time being.
Half eaten kebabs, a broken high heel, a puddle of sick in a shop doorway – typical remnants of a Saturday night out in the city. The European Monitoring Centre for Drugs and Drug Addiction (EMCDDA) though, measure a much less visible indicator of a ci…
The rebound from Friday’s carnage has stalled in the pre market, but indicators say, “Wait! There’s more!”
The ES fucutures need to clear 3408 to confirm that. If they roll over below that, bears could be in charge.
In any event, the worst do…
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.
Don’t expect healthcare or any other hollowed-out, heavily optimized system to function as it once did.
ifo Institute’s latest Business Climate survey data for Germany is pointing to continued weakness in the recovery momentum:
We have a selloff in the pre market, but the TA says, don’t trust it yet. Or maybe, “Trust, but verify,” for those of you of a certain age, like me.
Meanwhile, as for chart picks, I didn’t see much that I liked in this week’s screens. I didn’t add any longs. We’re already loaded to the gills there. I added two shorts, and one is conditional on a limit price entry.
4 picks were stopped out last week. With the the 2 new picks, that will leave 16 open picks, including 12 longs, and 4 shorts.
List performance improved last week, with the average gain increasing from +2.9% to +3.8%. The average holding period rose from 12 calendar days to 13, which is still less than the usual 16-20 days because I added a slew of new picks the previous week.
Chart picks are theoretical, assume 100% cash stock trades, no margin, no options, no futures.
I once read somewhere that past performance doesn’t indicate future results, or something. Is that true? Hopefully it is, considering some of my past performances.
4:30 AM ET That’s right. Happy European Standard Time Day. To my fellow Merkans, I am temporarily only 5 hours ahead of you on the East Coast. It’s 9:30 Central European Standard Time and 4:30 AM in New Yawk! I’m behind the 8 ball! Gotta get to work and get a Technical Trader report out to you this morning (Done!).
In other news, the virus has exploded here in Europe and in the futures, the 5 day cycle projection is 3406 …
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.