Thousands of busybodies have descended on Abu Dhabi to forestall what they see as an imminent apocalypse. The twenty-eighth meeting of the Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC COP28) being held in ...
Market processes rely on prices, which are not established by a government decree or by the randomness of the human mind but are instead determined by supply and demand. The consumer’s wants and needs are signaled through prices, which are ...
One of the cliches of the New Deal was that businesses were entitled to a “fair” profit. Leonard Read astutely pointed out that profits (and losses) have nothing to do with “fairness.” Original Article: Are Businesses Entitled to a Fair Profit? ...
The S&P 500 SPDR (SPY) surged over 10% since late October and exceeded the upper Bollinger Band (125,1). This means price is more than 1 standard deviation above the 125-day SMA. Surely, this means SPY is overbought. But is this ...
The markets continued their unabated upmove; following a strongly trending week, the Nifty not only ended at a fresh lifetime high point but also closed with gains for the sixth consecutive week. The markets piled up decent returns despite some ...
The Wall Street Journal reported last month that the ballot initiative to decriminalize all drugs in the state of Oregon is failing, and that efforts are underway to recriminalize hard drugs. Mark points out that decriminalizing drug possession does nothing to improve ...
Many people have done online transactions, but not everyone understands how it works. There is nothing complicated for the user, but the internal processes consist of several steps The site works on the basis of modern technologies, including encryption, which ...
Last week, the S&P 500 posted a modest 0.2% gain, which puts it within points of a 4-month base breakout at 4607. In addition to a breakout, a move above this level would put this Index above its July high, ...
There’s no denying the strength we’ve seen in risk assets since the October market low. When my Market Trend Model turned bullish on all three time frames in mid-November, it was difficult to deny the overwhelming positive momentum for equities. This strong ...
Note to the reader: Over the next couple of weeks and months, I will be republishing the contents of my book, “Investing with the Trend,” in article form here on my blog. I’m calling this series “The Hoax of Modern ...