DrStool Posted January 7 Report Posted January 7 Don't look now but the market is back near the middle of the trading range it started two months ago. Tough to trade cycles because the dominant cycle looks like a day and a half. Tough to trade spport and resistance because the range edges keep shifting. Then after the late pullback yesterday, they went sideways overnight. It's tough to guess the next move from here. The operant parameters of the overnight range on the ES 24 hour futures are 5962 to 5989. A breakout either way could lead to a little move. The next resistance area is around 6015, and the next spport area would be around 5945-50 this afternoon. With the hourly oscillators around the zero line, anything that starts from here could surprise. So if we get to a test of the outer limits either way, there would be a good chance of a move to the outer limits of the 2 month range. Moron the markets: Is the Market on the Verge of a Major Move? Key Levels to Watch This WeekJ anuary 6, 2025 Market at Critical CrossroadsJ anuary 6, 2025 Master Market Cycles – Exclusive Swing Trade and Short Sale Picks for January 2025 January 6, 2025 Is Gold Approaching a Critical Turning Point? January 2, 2025 Top Chart Picks for Traders – Download Full Report | Liquidity Trader December 30, 2024 Topping Patterns? Here Are the Year-End Signals December 30, 2024 New Year’s Chart Picks Update December 30, 2024 Liquidity Trends and Stock Market Insights – Is a Bear Market Imminent? | Download Full Report December 24, 2024 Macro Liquidity Report: Key Market Trends & Insights for 2025 December 17, 2024 Stock Market Outlook: Extreme Valuations, Liquidity Growth, and the Road to the Next Bear Market December 8, 2024 If you are a new visitor to the Stool, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam folder.
DrStool Posted January 7 Author Report Posted January 7 Federal Tax Collections Support La La Land Outlook Lee Adler 1 - Liquidity Trader- Money Trends January 7, 2025 Subscribers, click here to download the report. Federal withholding tax collections were strong in December. Ongoing strong revenue growth could reduce Treasury supply to give the markets xxxxxx xxxxxxxxx xxxxxxxx. Non-subscribers, click here for the rest of the story. The debt ceiling is the wild card. As long as it remains in place pending a deal between Congress and the Trump administration, Treasury supply will be reduced. Normally the supply reduction is achieved via T-bill paydowns, with that cash going back to the original holders of the bills, including major investors, dealers, and banks. Strong revenue growth could mean months of T-bill paydowns lasting through May and June from the annual March- April tax bulge. The bottom line from the tax revenue perspective is that it will continue to xxxx xxxxxxx xxxxxx market trends, potentially in both stocks and bonds for the duration xxxxxxxxxxxx xxxxxxxxxx xxxxxxxxxx in place. Once xxxxxxxx xxxxxxxx xxxxxx, then the Treasury supply problem will return with a vengeance. Until then, the markets remain in La La Land, where all appears well. KNOW WHAT’S HAPPENING NOW, before the Street does, read Lee Adler’s Liquidity Trader risk free for 90 days! Act on real-time reality!
DrStool Posted January 7 Author Report Posted January 7 Withholding Taxes Surge – Could This Signal a Market Breakout? Lee Adler Lee's Free Thinking January 7, 2025 Federal tax collection data shows surprising strength – but what does this mean for markets in 2025? Subscribers, click here to download the report. December’s spike in federal withholding tax collections reflects broader economic trends that may influence both stock and bond markets. While the numbers indicate resilience, questions remain about how sustainable this growth is and what role the debt ceiling will play in shaping future outcomes. 🔗 Unlock Full Access – Subscribe Now for in-depth breakdowns and exclusive insights that can help shape your trading strategy. 🔹 By the Numbers: Withheld taxes jumped 13.8% year-over-year by the end of December. Even adjusted for employee compensation inflation, growth remained impressive at 8.8%. Corporate tax collections showed variability – but is this a sign of trouble or just noise? 📈 Charts Show: Tax collection patterns reveal intriguing cyclical movements. Some trends suggest sustained strength, while others hint at potential shifts ahead. Revenue Growth Cycles – See how recent patterns stack up against historical averages. Short-Term Pullbacks – Are these normal pauses or early warning signs of market retracement? 🔗 Unlock Full Access – Subscribe Now for in-depth breakdowns and exclusive insights that can help shape your trading strategy. 💼 What You Should Know: These tax trends could play a crucial role in shaping market conditions over the coming months. Understanding the underlying drivers could offer key insights – but timing and context are essential. 👉 Curious About What’s Next? Our premium report dives into the details behind these trends, providing the context and analysis you need to stay informed. 🔗 Unlock Full Access – Subscribe Now for in-depth breakdowns and exclusive insights that can help shape your trading strategy.
DrStool Posted January 7 Author Report Posted January 7 Trump refuses to rule out use of military force to take control of Greenland and the Panama Canal
potatohead Posted January 7 Report Posted January 7 9 minutes ago, DrStool said: Trump refuses to rule out use of military force to take control of Greenland and the Panama Canal TRUMP: I WILL CHANGE THE NAME OF THE GULF OF MEXICO TO THE GULF OF AMERICA.
specie Posted January 7 Report Posted January 7 MSTR rally so far this year is a perfect 61.8% retrace of the drop from December's high. Is that a good thing?
SiP Posted January 7 Report Posted January 7 Americans have elected an idiot as president. He will accelerate the process of ruining the US economy and status. Trump's decisions will show the world that the US does not represent any values. Democracy, capitalism and other words are completely empty and corrupt. Trump will take off the last robes of propaganda and make everything ordinarily obvious. Many will see through it.
SiP Posted January 7 Report Posted January 7 Meta is changing to X - no more fact-chackers. Let the russian, china etc propaganda be immortal. Bunch of idiots.
SiP Posted January 7 Report Posted January 7 https://www.huffpost.com/entry/mark-zuckerberg-meta-fact-checkers_n_677d2c8de4b07acf439ca1d3
DrStool Posted January 7 Author Report Posted January 7 I expect a reign of terror under this clown. I theorized in 2016 that the end result of the first Trump term could be a military schism in the US. That was put on hold, but I think the odds are better than even now. Have a good evening. Good news is that my regular medical checkup today doc said all my tests were perfect and BP 120 over 60. So, I guess I'll be around to see history unfold for a while longer. Bonne soiree et bonne chance! 1
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