Jesse's Café Américain

"The world needs a new generation of policymakers who don’t hobnob with billionaire speculators and who understand workers’ concerns. Unfortunately, the change will not come smoothly. Political turmoil in the West is very much about this. A heavy price has to be paid to bring about the change."
Andy Xie, SCMP 21 Sept 2018

25 June 2008

SP Hourly Chart 3:20 EDT Update

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This is just an example of a 'trading tool' we use. It is not deterministic, but helps the trader to exercise their judgement. It d...

Investment Bank Risk Outlook at Worst Levels Since Bear Stearns Crisis

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The talking heads may speak to a bottom in financials for the equity trading crowd, aka the patsies at the table, but the pros are betting t...

Home Sales Confirm that the US Is Now in Recession

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There should be no doubt that we are in a recession. Here is more confirmation. There is some room for questioning whether it started in th...

A Rising Wedge on the SP Hourly Chart Ahead of the FOMC Announcement

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The last time we posted one of these we were shorting repeatedly at resistance and got a nice ride down. This time we are not because of the...
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