It’s surreal, watching our “leaders” debate how many deaths are acceptable and whether workers and children should be sent back into harm’s way. Only a few weeks ago, we all agreed upon the need to flatten the pandemic’s curve so we could prevent a surge from overwhelming our medical system. Now, the debate is about … continue reading →
Tag Archives: charts
USDJPY reached our target at the SMA100/SMA200 overnight, at least temporarily bringing the pair back below the top of the falling white channel from which it broke out on July 10. Readers will recall that breakout was instrumental in helping SPX break above its faux IH&S neckline 66 points ago. A USDJPY rebound here is … continue reading →
Short and sweet this time… Previous bounces off the 10s2s yield curve lows haven’t turned out that well for equities. related posts: Oil & Gas, Inflation and Interest Rates: Delicate Balance or Goal Seeking? Update on Bonds: Apr 27, 2018 Does the Yield Curve Matter? A Closer Look … continue reading →
I remember 2011 like it was only five years ago. William and Kate got hitched. Adele was Rolling in the Deep. And, Ben Bernanke, our intrepid hero, blamed Congress for the market’s meltdown. Oh, and I launched pebblewriter.com. It was originally a Blogger site (pebblewriter.blogspot.com) and I did it mostly for fun, just to see … continue reading →