Moving Forward…
Climate Tech Model pulled off the short ETF hedges today, however it remains on the sidelines in the Chip and software support areas. Market appears to be moving more to application, small cap areas.
Archive for February 2024
First Quarter Objectives being Hit…
Markets are getting close to the Climate Change Models objectives for the first quarter of 2024, should be a little more, but maybe not, so it dumped the NVDA and SOXL long positions here and put on some SPXS leveraged…Continue Reading →
Weekend Guru talk.
Here I cut and pasted a couple of items that I ran across this Saturday morning while I was drinking my first cup of coffee. Both seem to be relatively on target. Guru 1.. Inflation is proving to be…Continue Reading →
Small Cap Objective…
Looking through the numbers today we see the first quarter 2024 Russell 2000, RUT ETF objective being raised a bit to 2247, a little short of the November 2021 high.
Broadening Out…
The market is broadening out as of this week, especially yesterday. Our Climate Change Model is showing that second stage climate stocks, the climate application stocks, are starting to gain on first stage Chip and AI stocks that have been…Continue Reading →
If you want to be a Bear…
If you want to be a bear, I don’t yet, this is probably the chart to watch. The SMH/RUT. There are too many bears on the small caps and too many bulls on the chips to allow it to happen…Continue Reading →
Growth Rate Adjustment…
It took the CPI report today to get rates to test the 4.354 % average resistance level even exceed it to 4.421 % at the high. See yesterdays chart. That was a much-needed bounce up from the December 23, 2023…Continue Reading →
Upper Growth based Interest Rate Target Approaching…
Our Upper Growth based market interest rate target is approaching. The average rate target that we often cite, the (30Y+10Y+5Y+2Y) is 4.354, today a little shy at 4.298. Watching tomorrow’s inflation numbers at this point. If this does proof to…Continue Reading →
Thinking through the Stuff…
As I said the other day, the big traders and investors have yet to sink their teeth into what changed in June 2022. To me that change was that the shock of no more cheap interest rates had made itself…Continue Reading →
Biden Mortgage Message…
Tweet back to Mark Zandi, It does appear that Biden is well in the lead. I do think in his message he needs to point out to younger people that the low interest rates of the past 12 years, they…Continue Reading →