U.S. President Barack Obama announced what he called an historic climate change agreement with Chinese President Xi Jinping that would cut both countries' greenhouse gas emissions by close to a third during the next two decades.
We are in the back end of some interesting time cycles, namely the 144/987-month window we’ve discussed since September. Now they are in the 161-week window off the 2011 bottom and by next week the start of the 610-week window off the March 2003 bottom.
As many Americans know, there’s an unspoken rule that you should never discuss three topics at the Thanksgiving table: money, religion and politics. Initially innocent “discussions” on these subjects often devolve into contentious arguments and have ruined countless family gatherings across the country.
Two weeks ago, biotech was really strong, last week not so much. Last week Transports was strong, maybe this week it won’t be as much. But I will tell you that certain stocks that recently were on the cusp of breaking out, didn’t.
The oil industry is gearing up for a postelection lobbying push to loosen the four-decade U.S. ban on exports of crude oil, saying that relaxing the prohibition would create jobs and stimulate the economy.
An alert sent of mine brought to my attention that this October is going to be Fibonacci 987 months off the 1932 low. Wow! That is bigger than the 2007 pivot I told you about seven months ahead of time.