For the last three days the market has had a yo-yo pattern of selling off in the morning and spending the latter part of the day trying to recover its losses. The net result has been a slight decline for …
If you were focusing on the general market indexes (SPY, QQQ, DIA, IWM) this morning, it may have felt like a serious sell off was under way. The broad market was weak all morning.
But the morning bearishness gave way …
The last week of August is living up to its reputation as a time when most of the market can fall asleep, while a few areas get all the trading attention.
The markets were today but don’t take assume all …
FB Likes This Indicator Too.
If I were to continue with Mish’s party analogy from her last Daily, I’d have to say the market’s that got rattled by Friday’s party were a little sluggish today. None the less they were …
Legendary Party Tom Farris Artist
Deer Woman watches as the wolf shares his martini with the water serpent and bison man nurses his.
As Deer Woman takes center stage, this piece becomes relevant as the legendary party the Federal Reserve …
“You do not really understand something unless you can explain it to your grandmother.” Proverb
Retail is the Economic Modern Family grandmother and about 70% of the gross domestic product. Hence, if we are to understand the market, we must …
Sheldon Harvey, Navajo Artist Two Red Trixstars
Taken from the spelling “trickster,” we see two figures that possess secret knowledge that they use to play tricks or otherwise disobey normal rules.
In Native American tradition, the trickster represents uncertainty. The …
If you feel like a bee hovering over a plethora of pollen yet undecided as to which flower to suck upon, say hello to how many traders must have felt during today’s market rally.
After the cautionary tale about an …
Victoria De Almeida Artist
Orion’s Dog, the “Greater Dog” constellation or the dog star Sirius appears in the sky in July through August. The dog days are the hottest, most uncomfortable part of the summer. In the early 19th century, …
In the weeds, billionaire bears are busily gathering berries anticipating a brutal winter ahead.
With names like Steve Wynn, Carl Ichan, George Soros, Bill Gross and now most recently Paul Tudor Jones, it almost seems conspiratorial that all would publicly …
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