Happy 5th Birthday!

Pebblewriter was officially born on May 2, 2011, but we started tracking performance and offering subscriptions on the new site on March 23, 2012.  Two thousand posts and 2.8 million page views later, we’re coming up on our 5th birthday.  Since we haven’t run any membership promotions in months, it’s time to do something special! … continue reading →

Whistling Past the Graveyard

Only a couple of years ago, central bankers became adept at repairing the damage done to stocks after big shocks.  That changed with Brexit, when the strategy shifted to pushing stocks as high as possible before the damage was done… and, still doing all the requisite ramping after the fact. They perfected the technique after the … continue reading →

One Way or Another

After allowing a six-session slump (that saw SPX nail our downside target), The Powers That Be can be forgiven for insisting on an overnight ramp job.Last night, it was USDJPY pushing through horizontal resistance, VIX getting clobbered through three separate moving averages, and oil continuing a nice bounce off our 48.63 target.  It should be enough … continue reading →