Last week the Fed followed market rates and hiked by 75 bps and indicated more to come to ‘fight inflation’ and stocks fell. Then the CPI data dump on Friday cancelled that idea with a soft headline figure and bond yields and the dollar fell
The social media phenomenon was a child of the Great Bull Market and appears to be in terminal decline as the Great Bear Market gathers pace. The problems being faced by Facebook, Snap and many others are now coming to light with Musk’s buy-out of
Are the wheels coming off the mad rush into the brave new world of high tech (with driverless vehicles, flying cars, drone deliveries of your groceries through your open window into your kitchen(!), 100% renewable energy globally, etc)? I see today that Branson’s Hyperloop One
Last time, I outlined the price levels in the S&P (and hence in the more popular Dow) which defined the limits I placed to determine the start of a new trend. And in fact, these levels have been remarkably accurate and useful in setting trades.