When you leave the Hose open. But all that for another day. The important thing this week is the economy. Our view on the late January Market Top seem to be reinforced. How can an economic approach that includes moving…Continue Reading →
As mentioned yesterday, this is an important week. For our scenario to play out in the S&P we are looking for higher early in the week and lower later in the week. So we are being patient and watching the…Continue Reading →
We continue to hone in on weekly performance of the S&P. Last week was an inside week, both the highs and lows were within the range of the previous week. If our belief that we have been seeing a top…Continue Reading →
Yesterday’s comments lay out the factors. In what has been an inside week in the stock market, we should see a bout of euphoria which will set up an opportunity day for those looking at this Friday action as an…Continue Reading →
As the FED and markets continue to jockey for the accelerated growth they anticipate, we see indications that that the First Quarter GDP that we are 2/3 through may be the high growth rate of the year, and maybe even…Continue Reading →
The tariff question is behind the current turmoil, but the market seems to want to go into a wait and see mode and still believes the growth story. What that means is that S&P 500 weekly data is now where…Continue Reading →
The Level of Madness The market for the past few days has been marking time as everyone tries to assess the state of the madness. The Macro feature “The Fracture” (decline in stocks, rally in gold and bonds) is building…Continue Reading →
The Overall Situation As we watch this coming week unfold probably the most important thing for 98 percent of investors is to rethink buy and hold which has worked for the past nine years. While I know that the party…Continue Reading →
Trade negatives along with implementing deficit funded tax cuts for the rich are two no no’s that we have talked about repeatedly. We now just need to watch closely for a bit. The stock market bulls still view this as…Continue Reading →
Fed Chair Speaks to the Senate Today Chairman Powell gets grilled by Senate members. To me it will be important to see if he tells the same story and is consistent on the question answers compared to his presentation to…Continue Reading →