Europe is on holiday today, so it’s kind of quiet, but of course US stocks start the week on an up note. What else is new?
The ES 24 hour S&P futures made a new high overnight. They’re pulling back in the 7-8 AM hour, with trend support upcomi…
The screens found 384 total buys and 238 total sells last week. Among those were 26 short term buy signals and 15 short term sell…
There’s no sign of meaningful downside from the cycle picture, even though a late 6-month cycle down phase remains a possibility. Here’s what to look…
There are no more operative red channels on the hourly chart of the ES 24 hour S&P futures. That means the only thing to stop a rally will be uptrending resistance or loss of demand momentum. A 5 day cycle projection suggests that that’s likely aro…
We will test that maxim in the 7-8 AM hour in New York as the ES 24 hour S&P futures run into a trend resistance convergence at 5233. If they clear that little obstacle, there will be immediate running room to 5250.
If they don’t clear it, the…
Just three countries accounted for 40% of global oil production last year.
The Cold War fought via clandestine operations with boots on the ground and proxy conflicts between parties backed by the U.S., China or Russia might be a thing of the past, but the times of bloc-based warfare are far from over. Now, the theatres of wa…
We all know the emails: “Dear user, please click the following link to update your credentials. Otherwise your Office 365 account will be disabled.” “Please sign the attached document” or “Please review your payment information.” And while many of thos…
Or maybe it is. The Fed’s weekly real time balance sheet data and its slightly lagged data on the condition of the US banking system…
We are in the second day of a 5 day cycle up phase in the US stock market. There’s no sign yet of an explosive move.
The ES 24 hour S&P futures turned upward off yesterday’s early low and late test of the low. The next high is ideally due Fri…