Rotation has been the guiding word for the stock market for the last ten months, ever since February 24, 2021. But, things are changing, the funny money base for the Ferris Wheel is sinking, with the possibility that most of…Continue Reading →
Keep in mind the signal we are waiting for to confirm that a major downturn in stocks is imminent, is the day when stocks and bonds both go down. So far today stocks are down a little more than one…Continue Reading →
So, we move the chess pieces around the board while awaiting the FED meeting. The larger background piece is the much talked about supply bottlenecks which are really the result of manufacturers and suppliers building huge inventories for the much…Continue Reading →
The Long Bull Market is showing signs of fatigue and is wrapping up most of its intrigue. Our posts of December 2 and December 6 will probably stand as a fitting long term take on where things were and are….Continue Reading →
My current view on the markets is grounded on years of research, going back more than 50 years and much of it based around development of trading programs created by Artificial Intelligence work. This was in the 1980’s and 1990’s…Continue Reading →
Today we are seeing what appears in early trade as a confirmation that one of our favorite trade ideas is breaking out…. This is the SHORT FANGS, LONG DOLLAR AND GOLD trade. See chart here: Further thoughts at midday.. The…Continue Reading →
This is a bit like late February 2020, before we knew about Covid, and stocks were overpriced, when the Longs were fighting each other on the edge of a cliff. Many markets are reflecting a deep confusion, and some rightly…Continue Reading →
After ten years of artificial markets based on artificial economics signaled by Fed Chair Ben Bernanke in the Fall of 2011 with QE2, the markets don’t have a real solid direction. Recent market action, especially over the past few days…Continue Reading →