There is not much new to discuss today. Trading scenarios are setting in place and breakouts are approaching. In looking over Big Monthly data it appears that the month of September was a transition period for most markets with a…Continue Reading →
What we are talking about is getting back to Normal. We are now in our second Wave of trying to get back to normal and the touters are shouting that this is the Great Reflation. The problem is, things can…Continue Reading →
What is real here ? Every whore on Wall Street is hooked into the Trump Trade. I would define the trade as a trade directly or indirectly supported by the US taxpayer. It could be zombie companies supported by government…Continue Reading →
An amazing day, the 3609 area was triggered with a big cushion on the opening, and now the market has trailed down to 3605. This has all the makings of a historic top. Tying it All Together.. In our Special…Continue Reading →
There is much that I want to say in this post. I am sure I will leave some things out, but it is is one of those rare Sunday afternoons that I write a post early before Monday morning, so…Continue Reading →
China and the US markets are loaded up. No doubt the biggest factor is the US FED whose message has been – you can ignore risk, we have your back, price multiples are not important. Looking around the world at…Continue Reading →
For me to say I cannot believe what I am seeing. Fifty years of trading did not prepare me for the election response I am seeing the past two days. Undoubtedly I am looking at markets as an old man,…Continue Reading →
Regardless of who wins the Presidency I don’t think I have been more bearish on the country or the stock markets. We live in the midst of a cruel and dysfunctional population. I realize the problem is maybe more the…Continue Reading →
This election is not really about just COVID, Black Lives Matter, Trump, or any other one topic, it is about the Conservative philosophy vs the Liberal philosophy. My pre-election summation this morning, is the big speculative money is on the…Continue Reading →
It would appear that Biden will be the winner on Tuesday. The overwhelming response of women, young people and minorities seem poised to set the culture war back to the stone age. Ironically, even though Tom Steyer was not successful…Continue Reading →