This is technical talk concerning market mechanics. The S&P 500 has had a smooth slow upward tilt since December 20 2011, and as we said previously, it is drifting higher without a solid footprint. Yesterday’s market action changes that formation…Continue Reading →
There is no question that the CEO’s of the Fortune 500 companies put company before country, and much, probably the majority of the investment community would agree with that focus. Since the beginning of this country the battle between US…Continue Reading →
The Funny Money is not coming back,
Ben must have stayed awake many nights to try and figure out how to setup yesterdays releases and interviews. My clue is an old saying “a guy with a gun who says don’t mess with me, I have more bullets”…Continue Reading →
As we await Bernanke and the Fed to talk to us today, maybe it is time to take a look at bigger things like the fight to make the middle class stronger and the Apple effect, I’m talking about the…Continue Reading →
Apple as we have been pointing out recently is an early warning stock at this somewhat overbought level. CNBC’s Kudlow last night had a couple of perma-bulls saying that part of the reason that they have been long stocks was…Continue Reading →
The financial press has been giving little threads of hope to the funny money, QE3 crowd since the beginning of the year. While the Fed may do something to try and help the mortgage/foreclosure situation, this will be a targeted…Continue Reading →
Today’s market view is unchanged from earlier comments this week. So here is just a comment on the Big Picture. In my view there is a 30 percent chance that the March 2009 low was the low of the markets…Continue Reading →
I use this title once in a while when I sell out stockmarket longs a little to soon. The market currently has the CNBC bullish commentator crowd excited again. I guess they get excited when they get close to “getting…Continue Reading →
A couple of questions were asked yesterday about our style of looking at the markets. As nothing has really changed from our comments yesterday on the daily markets, here are the some underlying factors. 1. We are A Top Down…Continue Reading →