The front end of the curve has predictably moved lower in response to the recent hike in the Fed Funds rate. The second quarterly in the Eurodollar futures complex is trading in a range with a lower support level at around 98.50. See the chart below. Coincidentally, we have seen the June 2020 quarterly contract…
The impossible has occurred. The mighty European Union has suffered a massive loss. Unprecedented!
In “The Universal Mind of Bill Evans,” an insightful documentary on the creative process of a legendary jazz pianist, Mr. Evans explains that his students are often faced with a problem that might have them choose to venture down several, various “avenues.” He is careful not to choose their path for them. He explains that his…
The price action in the S&P 500 futures contract looks strikingly similar to a line of music in the great George Handel’s spectacular oratorio – Judas Maccabeus. A larghetto marks when a section of a musical piece should be performed at a slower tempo. If one has observed or traded the markets this summer, the juxtaposition…
Click on the headline to read “Hands” in poem format.
The monster, Zirpenstein, has continued to grow. The headline that is the most significant and is the greatest fundamental (mentioned in “Technicals Inform the Fundamentals: QE4ever?”) is not mentioned by the financial pundits – WE ARE IN THE ERA OF THE CENTRAL BANK AS CENTRAL PLANNER! (read more in “Don’t Be So Pretendtious!”) Japan has…
The degree to which people are misinformed is astounding. As was so aptly stated earlier in CAVEAT EMPTOR: REVIEW OF DYLAN RATIGAN’S RAGE AND THE HEALTHCARE SECTOR BAILOUT… Dear Sheeple: A Priori Argument So, the healthcare sector that was overcharging for its services before the Affordable Healthcare Act is now handily beating its earnings estimates and outpacing the…
One’s intuition and instinct can work so well at times. See…juxtaposed the European central bankers trying to solve the Greek problem vs. JP Morgan – the peerless problem-solving banker of his time.
