A year ago, that a new virus or a game stock would be the two major disruptive factors. So everyone is concerned about the volatility that is being seen this week and wanting some part of government to fix things….Continue Reading →
What if stocks are just a coping mechanism to the pandemic, a manifestation of crowd behavior, with little or no attachment to value or any measure of economics. If true, as we approach the end of the pandemic, and the…Continue Reading →
The market is grossly overpriced and everyone knows it. You just have to have patience here on the short positions. Let everyone kill each other. The average S&P short position in our trading algo is 3608, 24 units since start…Continue Reading →
What am I talking about. I am in a sense an old farmer, growing up on a farm and my first job out of graduate school, as manager of a large corporate Illinois cattle and grain farm followed by 50…Continue Reading →
We have just seen the inauguration, a true symbol of hope for this country. I think it could be somewhat like Jimmy Carter’s administration, a good time period for the soul, not so good for the speculator. We have just…Continue Reading →
To me this week is a time to lie low and watch as we see the changes in Washington. Inflation expectations have been dominating market direction since the November election. Now we are going to see the start of the…Continue Reading →
A period of sacrifice, at least that is what it will feel like to all those enthralled with the casino economy. Biden has a lot of work to do to rebuild this country before we can have a roaring economy….Continue Reading →
We are seeing the end of 40 years of Financial system arrogance, especially the 10 years since Bernanke’s QE 2 in 2011. So we are seeing PFE, Peak Financial Engineering, there is no other way this could have played out….Continue Reading →
Good morning, it is Saturday after a tumultuous week. Before going to work on my version of the 2021 outlook I did what I do every Saturday morning, I read John Mauldin’s weekly letter. As usual it is a worthwhile…Continue Reading →