Archive for April 2022

Changing Things

The talk currently dominating the economic media space is the job the FED has to do is beat inflation.  What is not talked about, but which is a bigger goal; is for the markets is to conquer the conspiracy between…Continue Reading →

The Big Crash

Before I get into my analysis of the Current Market Setup I would like to review how we got to this point. As long-time readers know, I have been talking about how an abundance of FED action starting with QE2…Continue Reading →

3 to 2

This is a morning to watch, positions are in place. We have three markets that are stretched and two markets that are in limbo. The stretched markets are commodities/oil, interest rates, and the dollar, while the two markets in limbo…Continue Reading →

Staying on Point

This week we have seen a basing of stocks. Being an earnings report period we will continue to see surprises, like Netflix today, that will show adjustments after coming out of 2 years of pandemic. I don’t know about all…Continue Reading →


As I watch the market today, and think about what has changed, I am drawn back to October 21, 2021, kind of the date when the Jerome Powell probably started to realize he had screwed up on by providing way…Continue Reading →

Smoke & Mirrors

The yield curve talk over the past two months has dominated media news. A couple of key concepts to keep in mind are: Since October of 2011 when Bernanke created QE2, markets have been an artificial construct. Supply and demand…Continue Reading →

Message Sinking In

This week has been one where the higher interest rate story is sinking into Main Street. The backstory, i.e. the Fed Balance sheet story is not. So a period of digestion is here. Traders need to be cautious, but keep…Continue Reading →