Is the Market Getting Ahead of Itself
Based on the commentators, it would appear that a FED cut of 0.25 is in the bag this week. That may be the case, although the data may not support it now. But in any case if the cut is…Continue Reading →
Archive for October 2019
So Many Choices, Only Two Really Count
The Setup As we watch what Alan Greenspan liked to call the “Conundrum” evolve, we are witnessing an unusual amount of quietness (directionless low order chaos) in the markets. It is becoming more obvious that the market really did throw…Continue Reading →
Fear is Receding while Risk is Increasing
The FED Reserve Additions (the infamous not QE) This belief that the FED addition of reserves to allow better liquidity is going to help the stock market is wrong headed. This FED action is just an attempt to forestall a…Continue Reading →
Most Important Setup Day in 49 Years, for me
We have been waiting since January 2018 for a setup to develop that would add up all the data points. We got it today. The FED has learned its lesson, they see increasing government deficits as the key risk going…Continue Reading →
Bubble Jumpers. Markets Refuse to give up Stupdity
What is a Bubble Jumper? If the Stock Bubble is not working, jump to the Bond Bubble. As our post yesterday pointed out, there is only one market that is not inflicted with hysteria at the moment, the 3 month…Continue Reading →
Interest Rate Markets may be getting ahead of Themselves
All the clamor and market action on interest rates lately seem to be small picture actions. See below a recent study that we have done using a Normalized Interest Rate base.
Playing with the 200 Day Average
The Big Spill After the big spill of the past few days we will probably see a little consolidation above the 200 day average and some trading in the 2850 to 2940 area of the S&P. Two days of closes…Continue Reading →
Dow Jones Crash, There will be bounces
Headed much lower While there will be bounces before, we are looking at 2600 area on S&P for first of many support areas.