COVID-19: What to Expect

This article was originally posted March 13 and will be updated on a regular basis.  Updates are in reverse order, meaning the latest update is just below. UPDATE:  April 3, 2020 Out of curiosity, I took a look at mortality rate trends in a few other countries. While some are clearly better than others, every … continue reading →

No Joy

“No Joy” is an expression pilots use when they’re unable to see another plane, typically when they’re on a potential collision course. If you can’t spot it, you just might hit it. Like seeing a hilltop or radio tower dead ahead through clearing clouds, it can be fairly nerve-wracking. Given that today’s jobless claims were … continue reading →

Update on DJIA: Mar 18, 2020

In our last dedicated update on the Dow [see: July 2019 Update], we noted the intersection of a number of overhead resistance features in its chart and offered some thoughts on its downside potential if it managed to reverse. Note that our 18974 target represents a backtest of the red channel from which DJIA broke … continue reading →