November 2023 was when Granny Retail XRT cleared the 50-week moving average.
February 2025, we are witnessing XRT breakdown below the 50-WMA.
The good news is that
January 2021, Plug Power peaked at $75.49.
It now trades at $1.77.
Why does this interest me?
For starters, I love underdogs.
Secondly, the fundamentals are promising.
Thirdly, I see a bullish divergence in momentum and a reversal bottom ion …
The most recent headline and hot off the press
“Rumors of the US Securities and Exchange Commission (SEC) creating a national $BTC reserve spread across the crypto market.”
The article goes on to say that this will trigger a bull …
What a week!
CPI, PPI, Retail Sales, Fed Speak, Earnings, Tariffs on then Postponed, China, Yields rise then fall, the Dollar rises then falls, Gold makes a new all-time high, Growth outperforms value.
If I were a slam poet, that …
I had a great and informative interview today with Dale Pinkert of Forex Analytics.
We discussed many macro themes.
On November 7, 2024, I wrote a Daily called Food Commodities Comeback-1st Sugar, Now Soybeans.
Back then I wrote,
It should come as no surprise that I have been watching sugar futures carefully for years.
As the 3rd in my …
Muhammad Ali was speaking at a Harvard commencement ceremony in 1975 when a student shouted, "Give us a poem, Muhammad!"
Ali paused and then said, "Me, We."
Thank you, Ali, as I have been using that poem only in reverse-from …
Do you believe the economy is heading towards inflation?
Well, the price will argue with that opinion.
Looking at my own trifecta of inflation barometers
They all …
Here are some of the recent references I have made about Biotechnology and the potential for a rally.
I love consumer instinct.
Thank you, Peter Lynch, for teaching us about using our instincts as consumers along with megatrends and technical analysis.
Last night we went to a dinner party and the conversation turned to Bowling Green, Nebraska, the …