Before we discuss the chart, a bit of technical history on crude oil and the price action of the ETF USO.
The peak low was made the week of December 12, 2016 at 7.67.
Gas prices were amazingly cheap then-what …
Ahh-the good ‘ole days..
When everyone loved Facebook; Google was all the rage, and every dip was a buy opportunity.
Those were the Year of the Fire Rooster days.
In 2017, when we learned that each male rooster requires 10-12 …
The Economic Modern Family was seen shopping last week.
No, not for new clothes, or fancy vacations. And not for a brand new car or bigger home.
Rather, Granddad Rusell 2000, Granny Brick and Mortar Retail, Transportation, Sister Semiconductors, Prodigal …
Someone told me recently that the public has no interest in interest rates.
Really?
Besides scoffing at this person’s low-bar view of the public, I am also publicly disagreeing.
Or, let me put it this way-if you represent John and …
You all remember the patriarch of the Economic Modern Family-Granddad Russell 2000 or IWM?
He gained that distinction as most of the 2000 small cap stocks in his index represent U.S. companies-an excellent barometer for the US economy and market …
The road is perfectly straight and dry. However, it is heavily trafficked.
One impatient driver decides to pass as many cars as he can by accelerating well beyond the speed limit.
He puts metal to the pedal, disregarding the oncoming …
I shot this photo using my iPhone, while on a whale watching boat.
The boat took us on the Pacific Ocean about an hour north of Puerto Vallarta.
Last week, I compared Semiconductors (SMH), not only to Wonder Woman, as …
On October 15, 2014, I wrote a piece called “When Something Itches, The Tendency is to Scratch It.”
4 years later, instead of a young and gorgeous Marilyn Monroe standing above the subway waiting for the breeze to lift her …
If a picture says a thousand words, this man and his T-shirt say at least that many.
In fact, anything I add might seem superflous.
I love that he carries a bowl of ice-of course, just in case the economy …
“This is a man’s world. But it wouldn’t be nothing, nothing without a woman or a girl.” James Brown.
Sort of appropriate on International Woman’s Day, named such on March 8, 1917 when women in Russia were granted the right …