" yet but I'm sure we'll get back to 3,780 but then what?  There's nothing technically pretty about failing below 3,800.  3,840, in fact, is the weak retracement of 4,000 and, if we hang out below 3,840 for too long, all we do is prove that we're in the weak end of the 4,000 channel while we wait for the 50-day moving average to cross below that line and THEN we are in Any bounce is a good bounce at the moment and volume was HUGE on Friday and we didn't go down – so that was… 5% Friday – Down Week Needs 2% Bounce Into the Holiday Weekend Join Member's Chat - 97 Comments Here ..read more

) and their Music Division (Michael Jackson, George Michael, Pink Floyd) and they… Sony (SONY) must be wondering what the heck happened as they used to dominate electronics with Walkmen, Discmen and TVs and they had their Film Division ( Join Member's Chat - 88 Comments Here ..read more

) because, as we learned in 2008/9 –… So stop whining and find things to buy but buy with caution and scale into the positions (see our Join Member's Chat - 139 Comments Here ..read more

- June 23rd, 2022 2:47 am ..read more

- June 24th, 2022 3:54 am Subscribe to our YouTube channel and view all our past weekly webinars  00:46:10 Back to Dow Historical Chart 02:09:03 Thailand per capita GDP  provide a great opportunity to see what we do at PSW. For LIVE access to all our webinars,  ..read more

 the way we have been hugging that 4,160 line has slowed the descent of the 50 and 200 dma, which is buying the market a bit more time to regain its footing.  At 4,100 (average) we're 120 points below the 50 dma so we're dropping 120/50 (2.4) points per session and that means the 50 dma will cross below the Weak Bounce Line (4,160) in 25 sessions – or just over another month – say July 15th.   So we have 5 weeks for things to improve or the technicals will be significantly worse for the rest of the summer… Flip Flop Friday – Stocks Cheer Up for no Particular Reason Join Mem ..read more

- June 9th, 2022 5:59 pm Today’s Animal Spirits is brought to you by . Check out our t-shirts, stickers, coffee mugs, and other swag  ..read more

, chief North America economist at Capital Economics.  “ Consumers’ grocery bills have risen by an annual rate of more than 10% since earlier this year, a pace last seen in the early 1980s. Food prices are up broadly, unlike early in the pandemic when meat prices drove much of the increase, Join Member's Chat - 119 Comments Here » Other than substituting out cheaper food types—cheaper meat cuts, whatever it might be—people need to continue buying food   8.6%!!!  Much worse than expected by our Leading Ecconomorons but exactly what we predicted in ..read more

, I believe there are several reasons the Fed can more fiercely fight inflation without worrying so much about unemployment. from 8.3% in April, the Bureau of Labor Statistics reported on June 10. That’s has already raised interest rates twice have been urging the Fed to get more aggressive for many weeks. , which drove up prices at the same time that Their main argument is that soaring inflation is at least partly the fault of the Fed – and the federal government. U.S. policymakers pursued eventually led to an increase in overall demand for goods and services ..read more

and Gold, priced in Euros The Dollar is up 15% since last year and, if not for that, inflation would be much, MUCH worse from the US perspective (it is much worse to the rest of the World) is already breaking over it's 2020 highs " to give you your money Join Member's Chat - 33 Comments Here ..read more