Refer to this morning’s column and our thinking that a 50% retracement of a possible 3(1) down would lead to a 50% bounce around 34,256.00. At its highs so far today, the Aggregate peak has been 34,259.43. Still, this is a 4 point error (which is this range would be a rate of 1.16767865483419e-4 (hint: … Read More
Business first as a continuation of our sluggish-to-begin rally finally dug-in Thursday. The picture from here still leaves open a Wave 2(5) run back to the overhead resistance trend line. IF we are in the early slog of Wave 3 down (a minor (ii) rally in play now), then using those Elliott and Fibonacci numbers … Read More
An Easy Math Lesson is where our Adventures in Money Grubbing begins today. For those who have never studied the work of who? “Fibonacci (/?f?b??n??t?i/;[3] also US: /?fi?b-/,[4][5] Italian: [fibo?natt?i]; c.?1170 – c.?1240–50),[6] also known as Leonardo Bonacci, Leonardo of Pisa, or Leonardo Bigollo Pisano (‘Leonardo the Traveller from Pisa’[7]), was an Italian mathematician from the Republic of Pisa, considered to be “the most talented Western mathematician of the Middle Ages“… …reports Wikipedia. His … Read More
The idea of a “lost spiritual technology” that may slow (or halt) the Aging Process is up this morning. Wide-ranging discussion, too. Everything from latest results in transcranial low level laser work, which we described in our “Light Crown” project here in 2016, to some interesting results using “earthing” as a strategy to augment Covid-19 … Read More
Although we had legit concerns about Taiwan being subject to a Chinese grab over the long weekend, good sense (and a super-typhoon) prevailed. So, we reckon this to be “strike three” for “Divine Winds.” (For the other two in 1274 and 1281 consult your history books.) Which brings us to this morning and what – … Read More
Been doing a lot of thinking, here lately. I happened to have been hungry at the time. I was trying to sketch up a way to communicate the “whole meal deal” that we face as co-residents in a country that is doing its damnedest to lose a once commanding lead over all other countries on … Read More
Although most times, our ShopTalk sessions here are devoted to messing about in the shop, geopolitical storm clouds have gathered to where we might want to all put a “weather eye on the horizon.” Because what’s out there has the potential to end the comfortable lifestyles enjoyed in America since the previous Depression. Our long-term cycles … Read More
With the market down to our “bounce or kiss” line, some views of how the fall could roll out. Especially key will be how certain countries (China) are feeling the urgency to push forward with resource acquisitions. Of course, these also involve acquiring whole countries (*Taiwan with Australia down the road), so it makes sense … Read More
The government’s latest Emp-Sit (employment situation report) has just been released. But before we go there some contexting is useful. First, we had Wednesday’s ADP hiring data. This reported “ADP National Employment Report: Private Sector Employment Increased by 132,000 Jobs in August; Annual Pay was Up 7.6%”. Key part of their press release was that … Read More
“Ure must have flipped out today – talking sh*t like “Kiss or Bounce”…) Well, not so much, sorry. It’s just that we may face the decision-point today whether markets are turned back up at the likely bounce area (the lower right red support line in this chart): The BOUNCE would work out like this: We … Read More