Here are my brief thoughts: Fed Highlights today 1. No ZIRP inclination 2. Higher inflation goal 3. Stimulation needed for economy What Really Happens 1. Debt in charge, FED, Fiscal, and Zombies 2. Yield curve steepens 3. Growth will remain…Continue Reading →
No new info to add. We will be adding a short unit later today or tomorrow in anticipation.
After rollover of the past two weeks, and the setting of the sell signals we are seeing a little bounce up in stock prices. The main thing that we are focusing on now is the projected hard down period between…Continue Reading →
In a sense we are seeing the Trump Chickens come home to roost. The tax cuts, the debt, the tariffs, the manipulation of paper assets, everything that he has done has been designed for headlines, not baselines. Sad to say…Continue Reading →
We are in the watching mode as this top continues to evolve. It has has building for over a month, since August 7.
are broadening the top while they a clawing for a bottom.
Here at ten minutes to the close, no big sell confirmation yet, we are still trading the short indication off the pattern since August 7. Will sell more when we get the trigger signal. If I had to estimate I…Continue Reading →
The past few days we have seen a bit of a sell-off that will at some point be viewed as the start of the un-winding. As you can see from the chart below, we are still trading the early pattern…Continue Reading →
We have seen a big drop in the markets and it has put our Macro Algorithm in play, see chart here. Why is everyone so quiet today? What we see is a market that is sitting in a big chasm,…Continue Reading →
Another step in the August 7th Macro today. We have kind of moved out of the rally period into a more benign pondering period for market participants. The Algo chart is showing early rollover signs. Election, whether Trump market manipulation…Continue Reading →