We all have been waiting for the bears who have kept trying to short the market to get done with another of their attempts. Halloween should bring an end to the foolishness. Here is the index chart for our Climate…Continue Reading →
Archive for October 2023
Today’s 4.9 % GDP number has Powell talking to himself. The Atlanta FED has been saying that the economy is perking right along, while the smarty’s in Washington have been downplaying the story. But, here it is, the New Economy…Continue Reading →
Volatility is marking this level of the long bond. It is all part of the market focusing on short term negatives while strong growth through technology based GDP growth is controlling the overall scene. Back in March 2021 our downside…Continue Reading →
CNBC commentators this morning have so eloquently stated the obvious this morning. “there is nothing that we see that indicates any reason to buy any stock”. What more do we need to feel the total bearishness that has over shadowed…Continue Reading →
Bond target area being appreciated. Here is the chart forecast that we have presented many times since its creation in March 2021 when the 140 support area on TLT was violated. The breakout hole to the upside is now in…Continue Reading →
One person who I track is Jeffrey Gundlach. Back after the last FOMC meeting on 9/20/23 he was interviewed on CNBC for his general economic view and how one may put together a big picture investment trade. His answer was…Continue Reading →
Last week the markets bottomed. Now market players are divided between putting out scary economic news and buying safe stocks like the Nasdaq 100 and S&P 500. The real growth stocks for the next cycle are still lying dormant. This…Continue Reading →
Since when except in the minds of a jaded Wall Street, is a strong economy bad for stocks in the long run. The makings of a round trip day.
Here we are on Thursday morning October 5th, after a week of chaotic behavior. The Bears have been out in force during this period, for the lack of a better name let’s just call them the Jamie Dimon/Bill Ackman “Sky…Continue Reading →
Normalized Yield Curve has arrived. The all important 30-05 YC is now back up with the 30 a little positive. A good place to be, rate rises now over. No cuts however, economy too strong. Everyone can just settle in.