A little Perspective
A little perspective here, a 60 % rise on the S&P, commodities, and 2 year rates, since January 25, 2018 may be a level to watch. You will have to click on chart to see convergence. Tomorrow we will see…Continue Reading →
A little perspective here, a 60 % rise on the S&P, commodities, and 2 year rates, since January 25, 2018 may be a level to watch. You will have to click on chart to see convergence. Tomorrow we will see…Continue Reading →
We hear this morning that the S&P is now in a Bear market. How ridiculous is that pronouncement. The only way it would have significance is if journalists would have have been smart enough to have pointed out on January…Continue Reading →
Today’s CPI number was even worse than the number crunchers expected. So how does one react? First, I don’t do anything quickly, have to look at all the numbers / relationships. So here at 10:50 AM CDT is my take…Continue Reading →
The indicator that I use to see the underlying dynamics of the oil related economy, the semi-conductor ETF SMH versus the Oil ETF OIL is showing signs of flipping at 10:30 AM CDT today.
A little update here, I am holding on to my 20 percent oil position, but I do have to admit that the premise is being tested. I recognize that the crowd that built the stock bubble in 2021 is behing…Continue Reading →
The thing we have been talking about over the past six weeks is falling into place. The consumer is going to get more practical as economic forces come into play. They are going to buy less junk and invest in…Continue Reading →
No one know what’s next.. 3.5 % interest rates are not the end of the world, historically it is as close to normal that one can find. Multiple supply shocks do exist, but two things can help, build it at…Continue Reading →
Crude oil had a big decline overnight, but the big guys who are long pushed it back up in early trading today. I would not be surprised to the hammer come down on them now. The regular markets, especially tbe…Continue Reading →
Today we have been buying the 2X Short ETF SCO, there are signs this move is getting a bit old in the teeth. In the meantime, letting all the trades put on a few weeks ago before the rally digest….Continue Reading →