What in the world to I mean by an Elvis market? Yup, trapped in a range bound nightmare. Despite yesterday’s decline and the accompanying headlines…
Posts tagged as “STOCK MARKET”
For those of you have listened to my radio show and read these pages off and on over the past sixteen years know, that picture…
Sigh. The pump and dumpers are all over this again in the after hours of the market as they scream that it’s the greatest company…
5/1/23 UPDATE 0426 ET: The financial world was saved from rampant speculation overnight as the rumors began to swirl around midnight on the savior of…
The usual suspects have been on the bubblevisions projecting a “new new” bull market and at the same time, others pushing that the end of…
This afternoon a robust discussion about M2 and monetary velocity projecting future economic growth and stock market activity began on FinTwit (Financial Twitter) this afternoon,…
A lot of people accuse me of crying wolf over the years, even though when I hosted a radio show and was a lot more…
There is the absurd, as highlighted by James Cramer on CNBS: Then there is reality. There is a good chance for some wild action this…
Another week passes, another rally in make believe land, and another inflation report being pumped by the Bubblevision mafia as “better than expected” as per…
Before I hit the charts and explain my thread from March 24th, a brief musical summary of the stock market in the first quarter of…
Europe is getting smoked this morning. Yesterday was a disastrous intraday reversal on meh volume. And the charts below indicate that Petula Clark will be…
Today will be a historic event for those of us who are both historians and economic geeks. The Federal Reserve Open Market Committee reveals the…
The lack of awareness by the leading Western central banks is nothing more than breathtaking. As they forced the bailout of Credit Suisse in Europe…
I’m just going to leave this here…. Remember: Bond traders are the smart money and they will blow CDS spreads out in a heartbeat to…
UPDATE: 15:18 ET- From the press conference in Switzerland the price is actually 75 centimes per share or about $3 billion. The headline has been…