At 3:30 AM in New York, that is the question. S&P fucutures have recovered to Friday’s early trading range before the plunge. The downtrend line is under attack. Hourly oscillators are on the verge of turning up from their zero lines, which would b…
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.
“You break it, you own it.”
The U.S. has a vastly higher death rate.
Both cases and deaths numbers indicate that the global pandemic has returned to an accelerating phase.
Whether we realize it or not, we’re responding with passive acceptance of oblivion.
Along with tourism, there aren’t many parts of the economy which have been harder hit by the pandemic than the performing arts. Underscoring the devastating blow to the industry, data from a collaboration between TRG Arts and Purple Seven based on 80 v…
Is the ES hourly chart a mess today? Why, yes. Yes it is here at 6:15 AM ET.
The hourly indicators say bullish. The proof would be…
I put VRTX on the Technical Trader chart pick list on September 28. The chart had a near perfect low risk setup, and it continued to look promising right up until Wednesday October 14.
Shit happens. And it happens especially with biotechs. VRTX is a biotech. When a fuxxxxxx biotech company announces after hours something about a drug trial failure, or discontinuing a promising drug, it happens.
When it happens, it becomes patently obvious that the “promising” chart pattern wasn’t promising at all.
Predictions were made earlier in the year as the pandemic was getting underway that CO2 emissions would be greatly reduced due to the enforced drop in economic activity and travel. While the fact that this has indeed happened will surprise few, the ext…