Hey, traders! It's Steve here.
I got a market analysis video for you guys this week.
Go watch here:
…
Hey, traders! It's Steve here.
I got a market analysis video for you guys this week.
Go watch here:
…We’ve got serious 2008 “heebie jeebies” going on right now.
With a Fed more aggressive than a mongoose in a burlap bag, a Chinese property bubble going pop, and the Europeans using medieval technology to keep their homes heated…
It …
As painful as the rise in energy prices has been here in the US…
It pales in comparison to what’s been happening in Europe.
It was truly stupid for leaders to sell their souls to Putin in order to look …
Don’t you wish, just for a day, you could get away with the same crap that congress does?
Like the naming conventions for all the bills they pass?
Instead of getting nagged for leaving your dirty socks on the bedroom …
One look at this has me spooked…
Chart
See that giant “void” in the volume levels of the chart?
You can think of it like “quicksand” in the markets… it’s a liquidity pocket where very little volume has traded.
And …
What you’re looking at is a chart of 30-year fixed mortgage rates.
Once inflation popped it’s head above the surface, we saw these rates go full “hockey stick” for the first time since the Great Financial Crisis.…