While virtually every technical analyst on the planet is watching the bullish triangle “continuation pattern” that’s been forming in the indices all month, I have stated on several occasions that I don’t think it’s real. After studying …
For once, what I found most interesting about yesterday wasn’t the charts. It was the push that suddenly materialized from the Fed to assure the market that the stimulus guns were ready, and loaded for bear. I found that quite unusual, because th…
The Mainstream Media has completely failed to make sense of the global financial crisis. By “make sense” I mean a framework of interpretation that properly attributes responsibility to the causes and players and which explains the key dynamics in …
Many traders thought that Bin Laden’s death would be a classic sell the news event. I am just surprised by the market’s apparent lack of…