Good Things are Happening…

Some good things are happening. Animal Spirits index appears to be stabilizing, maybe a bottom, will check at mid-day.

Gold and Silver had the needed knee jerk bounce to 5200 in Gold, and 89 in Silver, may do a bit more if Trump bombs Iran. I think we are seeing a softening of Trump stupidity since the Supreme Court came down on him. No more free lunch on craziness.

So, Climate Tech Model is pulling hedges.

And take a look at a couple of charts here. One for the Index of Private Equity stocks, The KKR, BLK, BX, APO big guys. They are kind of a legacy of Reagan Supply Side Economics and Bernanke funny money experiment. They got a good cleanout, will try to bounce now but when the crash comes they will probably be the front runners down the hill.

And the second chart the once hot, not so hot index of PLTR, SNOW, CRWD, CRM group. They got cleaned out also. Down to a good level, will try to have a big bounce now.