DrStool Posted July 7, 2021 Report Share Posted July 7, 2021 I don't know what yesterday was all about. Here at 6 AM ET, the fucutures are back to where they left off on Friday. I guess they have down days for dramatic effect. Did I say dramatic. They have, in essence, set up a trading range of 4310-4348, which if my superquantumcomputer, artificially intelligent calculations are correct, is less than 1%, woohoo. Ride em cowboy. Until they break out, one way or another, it's garbage time. I guess the gang is selling premium. Meanwhile, the 10 year is down to 1.35 on bullish liquidity factors that will persist for awhile. The dollar has been strengthening. The EUR is down to $1.18, but above the March low of 1.17. I'd love to see a breakdown there for personal reasons, obviously. I've been living in currencies pegged to the Euro, and by later this year hope to settle in France, which of course uses the EUR. Don't ask me to splain currency fluctuations. They're a mystery. I just rely on the charts. If EUR doesn't break below 1.18 soon, I'll load up with enough to last me a while. Predicted high of 94 here today, 100 tomorrow. I think I'll just ride it out indoors. Link to comment Share on other sites More sharing options...
DrStool Posted July 7, 2021 Author Report Share Posted July 7, 2021 Aaand they're off! Link to comment Share on other sites More sharing options...
DrStool Posted July 7, 2021 Author Report Share Posted July 7, 2021 Ride that wild pony. Link to comment Share on other sites More sharing options...
Jimi Posted July 7, 2021 Report Share Posted July 7, 2021 44 minutes ago, DrStool said: Ride that wild pony. Link to comment Share on other sites More sharing options...
DrStool Posted July 7, 2021 Author Report Share Posted July 7, 2021 Double top. Link to comment Share on other sites More sharing options...
DrStool Posted July 7, 2021 Author Report Share Posted July 7, 2021 Bratislava- https://www.facebook.com/stories/10217127235029945/UzpfSVNDOjEwMjI1MzUxMzIyMjY2OTg2/?bucket_count=9&source=story_tray Link to comment Share on other sites More sharing options...
potatohead Posted July 7, 2021 Report Share Posted July 7, 2021 Lee, Had a question on the strength in tax withholding data. Does that data take into account Stock compensation..saw this article. https://www.bloomberg.com/news/articles/2021-07-07/labor-s-share-of-the-money-pie-is-bigger-than-economists-thought?sref=qpbhckVU "High skilled workers earn more than thought when stock compensation is counted." Link to comment Share on other sites More sharing options...
DrStool Posted July 7, 2021 Author Report Share Posted July 7, 2021 Any non-withheld taxes are included in other income taxes, which have blown the roof off this year. Huge numbers. In all the years I've been tracking taxes, there's never been anything remotely close to the explosion in income tax collections this year, both withheld and non withheld, and that's even after the low base effect comparison is out of the data. Link to comment Share on other sites More sharing options...
DrStool Posted July 7, 2021 Author Report Share Posted July 7, 2021 The old center of Bratislava is gorgeous. Was out walking for the past 2 3/4 hours. Spectacular. Link to comment Share on other sites More sharing options...
Jimi Posted July 8, 2021 Report Share Posted July 8, 2021 10 hours ago, DrStool said: The old center of Bratislava is gorgeous. Was out walking for the past 2 3/4 hours. Spectacular. Hapsburgs left some wonderful architecture. Link to comment Share on other sites More sharing options...
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