A little closer look at valuation chart. Remember yesterday when we posted a long-term chart showing our valuation measure. Here is a closeup, a chart using 30 minute bars, it shows the one day in the extreme overvaluation sector, before…Continue Reading →
The big question before the FED meeting was, what will market interest rates do after the FED does it reduction, whether 25 or 50 points. Here is what we know so far, probably need to check in on this coming…Continue Reading →
Here is what we feel Powell is going to say today. The economy is remaining remarkably resilient, while market interest rates have been expecting economic weakness. Today we cut rates a quarter point in an effort to balance somewhat the…Continue Reading →
We have been talking about how with the steep discount of market rates to the Fed Fund rate, what will happen when the Fed Fund rate drops, whether 0.25 or 0.50. Today may provide a clue, market rates rose and…Continue Reading →
Gold may be flashing a warning sign, I think. The Long wave of Stock Market Speculation which started with 1980’s Trickle Down is coming to an end as the real economy replaces it. At backyard parties’ people are going to…Continue Reading →
The comments from September 6 stand. This is a time of base building for small cap and Climate Change type stocks. On the other hand, one has to keep in mind that the market has a huge overvaluation problem. This…Continue Reading →
Our Climate Change Model started pulling Wave 2 Hedges this morning when SPX hit 5444 and finished when SPX hit 5414. For review the WAVE 1 hedges were pulled on August 5, then Wave 2 hedges were placed between August…Continue Reading →
This foreword today is by Mariana Mazzucato, an economist that I highly respect: The climate crisis is intensifying, with temperatures set to rise at least 1.5 degrees Celsius above preindustrial levels this century. Global warming is inflicting terrible destruction—much of it irreversible—on…Continue Reading →
Market interest rates made their move four months ago, market rates are down some 15 % since late April. Since then we have seen deflationary forces in AG commodities, down 8 to 10 %, while industrial metals copper, aluminum, and…Continue Reading →