by Tom McClellan The lumber futures market is a pretty thin market, with only around 3,000 contracts open. Compare that to the eMini SP500 futures contract, which has 2.6 million contracts open. In lumber futures, a single small order can move …
2018, the year that will go down in history as the blowoff in the Grand supercycle wave 5 pic.twitter.com/5cJ9Fqmz6T — Alastair (@StockBoardAsset) December 30, 2018 wow, one for the record books: Remember, Remember, the great crash of December 2018 pic.twitter.com/DAtX2MPBBk …
by Jesse Felder We saw the “blowoff” top in bonds last summer (see this and this). This summer investors get to witness what the “blowoff” stage of a massive stock market bubble looks like. My friend, John Hussman, outlined the …