Technician for RealMoney Former fin prof at Baruch Author of Chart Patterns & How Technical Analysis Works. Past pres CMT Assoc. 2004 II TA Research Team
My former boss Jim Cramer admitted Thursday that he made a mistake with META..."I was wrong. I trusted this management team" -- should have checked the charts more often is my comment
10:00: Dec. U. of Mich. Expectations, est. 58.5, prior 58.4
10:00: Dec. U. of Mich. Current Conditions, est. 60.3, prior 60.2
10:00: Nov. New Home Sales MoM, est. -5.1%, prior 7.5%
10:00: Nov. New Home Sales, est. 600,000, prior 632,000
QUOTE OF THE DAY
"The usual bull market successfully weathers a number of tests until it is considered invulnerable, whereupon it is ripe for a bust."
George Soros
Something to discuss at the Passover Seder Friday night - Moses was technically the first person with a tablet downloading data from the cloud....
Discuss among yourselves.
Sorry President Biden, you and your advisors are clueless about the current causes of inflation and how to solve it. Unprecedented world wide demand is meeting supply shocks that won't be solved for years.