The Bull, by a wide margin, is the front runner in the last leg of the relay race. However, there are no fresh runners for him to pass the baton to.
The Bear, running from behind at a moderate pace, …
As per the last several Daily’s, I’ve noted the parameters of several monthly channel lines of resistance that had to clear or fail to elucidate next direction.
The TLT (20+ Year Long Treasury Bonds) had to hold 118.55-119. The Russell …
We drove up to this dead-end and these road signs. I thought of the Scarecrow in the Wizard of Oz. While nailed to a post, he instructed Dorothy that some people like to go both ways.
The haphazardly strung “Thank …
Trying to keep flies from eating your roses can be a bit frustrating. However, unless an infestation occurs, the situation is more annoying than seriously concerning.
The day back after the holiday weekend, and many of the channel tops we …
And now, you can eat off its floor!
Each bar on this TLT chart (20+ Year Long Treasury Bonds) represents the price movement of one whole month.
The parallel black lines denote the top and bottom of a channel.
If …
Photo by JR LancasterAfter a soaking rain, the desert landscape resembles a super saturated sponge. Eventually, the desert sunshine absorbs the moisture and the landscape returns to aridness. This extreme fluctuation from saturation to bone dry defines a desert climate. …
I spent a great deal of time trying to “read” this man. I invented stories about who he is, what he was thinking and why. It took me about ten minutes to see the obvious. The saxophone on his lap …
My 2004 Range Rover sputtered last Friday morning.
By sputtered, I mean the fuel pump gave out. Good thing I have AAA. They came immediately to the rescue and towed the car to the service shop.
Once a car gets …
When traders get to the point they consider embroidering a bejeweled bull on their vintage necktie, does that mean the top is near?
Look at this bull. He has eyes of fire, a forehead of diamonds, a crown of rubies …
Title adapted from Wooden Ships Crosby Stills & Nash
In case you have not heard about this, the shipping stock DryShips, Inc. (DRYS) has risen by 2,840% in the last several days.
DryShips is part of the Baltic Dry Index …
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