Jerome Pow

Tim Knight at Slope of Hope: https://slopeofhope.com/2021/03/jerome-pow.html Well that didn’t take long. Yesterday, the good people of our once-great Republic had about half a trillion dollars shoved into their bank accounts. The great hope was that this mountain of “stimmy” would flow directly into equities, pushing the Dow to – – what? – – 90,000 in a few months? AddedContinue reading “Jerome Pow”

Deja Vu All Over Again: 50 DMA Reconnects

February 2020: February 2021: Sven Henrich (Northman Trader): https://northmantrader.com/2021/02/09/signal-fire-3/ No, this market is really not behaving that much differently from the one that led to the February 2020 top. Back then of course the Fed too was printing running their Repo program having cut rates three times already, now of course printing still $120B aContinue reading “Deja Vu All Over Again: 50 DMA Reconnects”