This morning I said the following: The 50 DMA has to hold this week and CONgress must act quickly or this sucker is going to…
Posts tagged as “ECONOMY”
The market action yesterday was what every bull fears: -High volume -Massive distribution -A month end “window dressing” turned into a curtain fire -Market internals…
Long ago, back when most of the “yutes” who now tell us old farts that investing in crypto is the way to go, that gold…
The “rally” on Monday was impressive at times with the Nasdaq and Nasdaq 100 both posting impressive gains. There is a “but” however to yesterday’s…
Apparently skipping variant Xi in favor of Omicron did not help global markets today as the equity markets in the Middle East have had a…
So far this would appear today’s markets are appearing to be the start of something or nothing. It is too early to worry as the…
Last night after consuming a Deathburger (only my old listeners and readers would get that), I went to sleep thinking that there is no way…
So much for having a leftover turkey sandwich tonight as it would appear that the financial markets want to have a real Black Friday. That…
It’s not like many of us have not been trying to warn you that the movie “Idiocracy” is not a comedy, but a documentary. Well,…
The main thing that I am thankful for is finally having some time to sit down behind this keyboard and pound out some articles this…
Just a few quick observations before I head into the office today… Gold: It needs a weekly close on volume above $1860-$1865 range to move…
Just when one thinks that President Brandon’s America can not sink any lower, this news story appears from WFSB TV-3 in Connecticut: Investigation underway after…
The American people have a notoriously short memory so this one excerpt from Paul Volcker’s New York Times editorial A Little Inflation Can Be a…
Federal Reserve Chairman Jerome Powell’s press conference was this afternoon and without a doubt it had more tap dancing than a Rockettes’ reunion tour. The…
Wait, what? Yes, my beloved home state, under the great leadership of Governor Ron DeSantis helped flip Virginia red and almost succeeded in flipping New…