Early Morning Thoughts I woke up this morning thinking how precious life is and how trivial following markets is these days. Three weeks in isolation can do that I guess. But then it fits, this is a manipulated market that…Continue Reading →
Market Settles in for End of Quarter Marker Obviously Wall Street and the 401K managers around the country have a great interest in printing as good a end of quarter price as possible tomorrow. Their hope is that somehow the…Continue Reading →
The Current Investing Environment The Current investing environment will test all of us. I can see that we are getting a lot of new activity on the site in the past few weeks. That is good. To the extent that…Continue Reading →
Irresponsibility is Rampant The only part of the Economic Savior Act that makes sense is the $ 1200 per person helicopter drop, and that was only needed because their employers have squandered their assets. Saving the corporations only leads to…Continue Reading →
Yesterday we outlined some trading ranges for the S&P. Today we are getting somewhat short again. 2429 was listed as the dividing line between undervalue and overvalue and 2722 was listed as the top of the current trading range. This…Continue Reading →
Big Picture First, we all need to recognize that this is becoming a humanitarian crisis, no longer a market. So I would say this is a high risk investing environment. I don’t know if it is worth the risk to…Continue Reading →
As we said in our special Sunday post yesterday, everything has changed but the S&P stock market is close to cleaning out for the near future. The government is starting to throw a lot of money at the market so…Continue Reading →
The Setup The country and probably the world has entered a zone for which the prime age 30-55 person is ill prepared, a zone of personal sacrifice. Since 1973, when the US draft ended, the vast majority of the…Continue Reading →
Investor Lockup At times like this when many investors are locked into inaction, it may be a good thing to look at the macro puzzle illustrated in the chart below. S&P and 10 year interest rate Relationship This chart which…Continue Reading →
Short S&P Position For a little over two years we have bought leveraged short stock ETF’s SPXS and SQQQ during weeks when the weekly RSI was over 66.0. For regular subscribers you know the reasons, for new subscribers, please feel…Continue Reading →