Fed Confidence
We have a measure that we apply to the market that measures what we call “Fed Confidence”. In a sense it is both a measure of how confident the Fed is in what they are doing and a measure of…Continue Reading →
Archive for October 2014
Weekend Reading
Here are a couple of links for things of the moment, the first being a good recap of the prevailing view on the part of market players in this market. http://money.cnn.com/2014/10/11/investing/stocks-market-time-to-get-out/index.html The second article is one on my favorite topic:…Continue Reading →
Finally, the Truth is Spoken
This is a late in the day post, 2:30 PM CDT. Mario Draghi has finally said what Bernanke should have said in 2011, and Yellen should have said at her confirmation. Draghi said, “we cannot do it all, the governments…Continue Reading →
Getting Real
It appears that it will take some lessons before the market players can sort through the artificial world created by the FED over the past few years. I noticed yesterday on CNBC that most of the big timers say this…Continue Reading →
Surprise, The Real Bears are expecting Lower Interest Rates
Today’s knee jerk rally is just another a__ backwards view of the world. Does the fact that the FED is scared about the economy a reason to buy stocks? One has to question why the stock market would go higher…Continue Reading →
Old Indicator Turns Negative
The tried and true Granville OBV indicator turned negative for the Dow Industrial on the close yesterday, the first down signal since April 28th 2014. Granted that it was only negative for a little over twenty days on that prior…Continue Reading →
Bounce back Up to the Trading Box
On the S&P, the lower boundaries of the core trading box that was built a few weeks ago, 1990 to 2011 and the expanded trading box 1979 to 2020 needs to be tested from a technical standpoint. That is what…Continue Reading →
Rulers of the World
Outside of the three big US markets, the Dow, S&P, and Nasdaq, we watch a lot of indicators that normally provide a feel for the market. Thing like commodities, world stocks like “GDOW” etc, usually help us to see what…Continue Reading →
My Letter to the DCCC Today
I have been plastered with money requests from all kinds of Democrats in the past month. The overall approach seems to be you want me to feel bad if I don’t give you money every day. In fact the email…Continue Reading →