Last week, we got a break, and the timing was good. Now is the time to let it ride, and adjust at the margins. As…
Gold broke out last week. The measured move targets from the prior breakout are now within reach. Non-subscribers click here for access. Subscribers, click here…
There’s a lot of airspace with little resistance overhead, suggesting that the S&P 500 could see xxxx in September. Non subscribers click here to access.…
Vice President Harris’ proposed economic plan essentially guarantees stagflation by both subsidizing demand and discouraging supply. While Harris has been shy about her economic platform, her recent speech and prior campaigns suggest she would favor measures that discourage supply such as higher taxes and price controls. It also seems she would like to increase demand by subsidizing housing and forgiving some types of loans. A combination of stronger demand amidst lower supply suggests a stagflationary […]
The post Harrisomics appeared first on Joseph Wang.
The ES needs to be below 5562 at the NY open, and 5575 at the close to break the current iteration of the uptrend. That’s just to break the proximate trend, not to signal a top, let alone a downside reversal. First things first.
Failing that, it …
DVP (Delivery versus payment) Repo, which is the bulk of the repo market, made a new high last week, supporting a bullish trend in stocks.…
So I looked at my phone this morning and I saw that the market was pulling back. Opened my computer to give you the usual morning update and this is what I saw.
I wondered if it was a sign. So I waited.
And I waited some more.
A…
Whereas, in the course of human events… Non-subscribers, click here for access. Subscribers, click here to download the report. Wait! Who starts a report with “Whereas!”…
Whereas, in the course of human events… Non-subscribers, click here for access. Subscribers, click here to download the report. Wait! Who starts a report with “Whereas!”…
Yes, that’s right stocks fans. They’re lined up at the starting gate ready to run again. The 5 day cycle projection on the ES now looks 5475-85. The first support line rises to 5470 at the New York close. They gotta break that to begin to break the upt…
