The DOL reported: In the week ending May 30, the advance figure for seasonally adjusted initial claims was 1,877,000, a…
Continue ReadingThursday: Unemployment Claims, Trade Deficit
Thursday:• At 8:30 AM ET, Trade Balance report for April from the Census Bureau. The consensus is the trade deficit…
Continue ReadingBill Ackman leads rioting in NYC to benefit his retail shorts
NEW YORK CITY – Hedge fund manager, Bill Ackman, was spotted last night leading a hoard of 10,000 angry rioters…
Continue ReadingDividends: Focus on Improving Cash Flow Companies
Stocks were strong again last week and for the month, the broad market index was up 4.5% and the long…
Continue ReadingJune 3 COVID-19 Test Results
The US is now conducting around 400,000 tests per day, and that might be enough to allow test-and-trace in some…
Continue Reading2 Blogs, 2 Reasons for Caution: Volatility Index!
If you did not get a chance to read my blog on the 1960s from June 2nd, please consider doing…
Continue ReadingStep Theory Part 1: Riding the Trend Through Timeframes
Chapter 3 of Trading Time, titled “Concepts of Time”, is, for me, the most important chapter of the book. It…
Continue ReadingCensus: Household Pulse Survey shows 48.1% of Households lost Income
From the Census Bureau: Measuring Household Experiences during the Coronavirus (COVID-19) Pandemic The U.S. Census Bureau, in collaboration with five…
Continue ReadingRandom Thoughts: Why Following the Trading Plan is Hard
Trading is hard. Done right, it will force you to do a lot of unnatural things and it will make…
Continue ReadingGun stocks soar as background checks soar past 3M
Gun stocks have been soaring this week following the news that background checks for gun buyers jumped 75% in May.…
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