I can’t believe that with $1.75 trillion in the bank, the US Treasury continues to sell paper to raise cash. WTF is going on with those people?
When it comes to the economic fallout of the COVID-19 pandemic, we have gotten used to negative superlatives over the past few months. We’ve seen some of the worst single-day losses in stock market history, followed by an unprecedented drop in consumer…
The latest employment figures released today by the UK’s Office for National Statistics reveal a continued rise in the unemployment rate. In June-August the figure rose to 4.5 percent – 0.6 percentage points higher than a year earlier and 0.4 percentag…
Amazon Prime Day is kicking off today. Since its inception in 2015, the event has turned into a 48-hour-long eCommerce extravaganza.Just five years in existence, Prime Day has grown into a major shopping event, rivaling Black Friday and Cyber Monday. T…
The little overnight pullback hasn’t amounted to much here at 4:30 AM ET. The uptrend ran into resistance yesterday, but the current iteration of the hourly uptrend remains intact. It would need to end the 5-6 AM hour below 3515 to break anything.
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.
In the hyper-real casino, everyone has access to the terrors of losing, but only a few know the joys of the rigged games that guarantee a few big winners by design.
The pop in the miners looks wildly bullish on the charts. Subscribers, click here to download report. Try Lee Adler’s Gold Trader risk free for…
The hourly chart of the ES fucutures is as wedged out as you can get. Over the next couple of hours, before New York opens, it will either break down or break out. The 5 day cycle projection now points to 3510-15, so from that perspective, the odds fav…
And so we face the ultimate irony: ‘bailing-out-everything’ destroys the entire rotten system.