In Thursday’s testimony before the Senate Banking Committee, Treasury Secretary Steven Mnuchin took a beating from Senator Elizabeth Warren over the issue of Glass-Steagall. There are many policy issues in which I disagree with Senator Warren but when it comes to Wall Street regulation, she is one of the most knowledgeable people in the Senate and far beyond those walls. 660 more words
Now we can finally put the French elections behind us as its citizens maintained the status quo and elected Emmanuel Macron to a five-year term. Parliamentary elections follow in June but the two main parties, Socialists and Republicans, aren’t expected to face challenges. 924 more words
Not all market gaps fill, some can stay open for years or never fill. But most gaps fill. Sooner or later.
In this context a chart of the $QQQ over the past year and a half reveals a stunner of a chart: 16 open gaps that I can count and perhaps observant readers can point to more. 411 more words