s&p 500

AMZN Triple Zigzag Ending Near 2867.82

The current AMZN structure shows a bullish impulse. This includes the formation of a deep fourth wave of the primary degree. The primary correction wave ④, apparently, takes the form of an intermediate triple combination (W)-(X)-(Y)-(X)-(Z). Let’s pay attention to the last wave (Z), which […]

Omi-bored

Home/Central banks/COVID-19/News events/Newsfeed/TreasuriesOriginal Article

US futures rally eases Asia equity pain

Home/COVID-19/Indices/News events/NewsfeedOriginal Article

Intraday Market Analysis – USD Accumulates Support

USDCHF to test key support The US dollar stabilized after Jerome Powell hinted at speeding up the taper pace. The break below 0.9270 has put the rally on hold. The support has turned into resistance with the latest rebound fading. But a bullish divergence suggests […]

Sokal III: Another Hit at Woke Nonsense?

To paraphrase the incipit of the Manifesto of the Communist Party (my apologies to Marx), a spectre is haunting America—the spectre of wokeness. But wokeness has intellectual feet of clay. By the time you read this post, the news of the fake article published by […]

A boringly conventional contrarian

In my new book entitled “The Money Illusion”, I argue that a tight money policy by the Fed in 2008-09 largely caused the Great Recession. I’d guess that 99% of economists don’t agree with me on that point. That makes me a contrarian. But if […]

Seesaw price action continues

Home/Newsfeed Seesaw price action continues Posted 6 hours ago Share Print And may continue for some days yet Stock markets are bouncing back again on Wednesday as the seesaw price action continues in the face of significant Omicron uncertainty. Today’s rebound really doesn’t feel particularly […]