The real quote is, “nowadays people know the price of everything and the value of nothing.”
Oscar Wilde, immortalized in bronze, waits for the rain to stop.
Value has little to do with price. And vice versa.
In the case …
Over the weekend and after a rough trip to the east coast due to major delays, we got out of the Uber car to be greeted by this buzzing hornet’s nest affixed to my sister’s house.
The exterminator came on …
Friday was quadruple witching day.
That means that many index futures and options, plus stock futures and options expired.
With expectations of increased volatility after new all-time highs in the SPY and DIA, the day was comparatively placid.
Yet another …
Pigs represent prosperity, wealth and abundance.
Pigs are powerful symbols of bringing all these good things.
Pigs also tend to overindulge.
Furthermore, they are not always aware of the dangers that surround them.
Unaware of any dangers around it, the …
Today's Daily is a simply a quick look at the Economic Modern Family Key Levels
S&P 500 (SPY) 289.50 pivotal area support. 291.74 the current all-time high, which today’s high came within inches of.
Russell 2000 (IWM) Broke 170 on …
The fairy godmother tells Little Nemo to “proceed boldly over the carpeted path in the sky and to fear nothing as she would be near him continuously.”
I almost feel like ending the Daily right here.
After all, much can …
Hoop dancers take small steps yet vary in the speed of their movements.
The hoops themselves represent the never-ending cycle of life. Furthermore, they are meant to remind us that we are all connected.
Thus, the market began the week …
The news keeps on coming, folks.
Manafort, tariffs, hurricanes, and Kavanaugh are a few of the stories that sit atop the market’s strong shoulders.
These headlines brought out the doomsayers.
Nobel Prize winner Robert Shiller said that he is not …
Coming into today, Semiconductors (SMH) entered an unconfirmed distribution phase.
Early on, SMH went into a bullish phase.
Yet it could not hold above the 50 DMA, so it wound up closing green but in an unconfirmed warning phase (above …
Last night, we looked at the sardonic bull wearing a crown with 5 distinct warning signals.
To review, the first one was certainly Semiconductors (SMH.) Today, not only did SMH confirm the warning phase, it also broke the 200 DMA, …
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