Psychological Infection Point…

On reflection I realize that the posts that I have made over the past couple of months have centered around the Macro Inflection Point of January 29th, 2026. And, as I have dug down into the components of that moment, I see that the mechanical signal of shorting gold and silver and buying the beaten down Russell and bond markets was a sea change moment. And digging even further the realization that this was really about the markets being way ahead of the players in calling the increase of craziness last August, was mind blowing.

The intensity of that realization hit me yesterday while watching the only part of CNBC worth paying attention to in my view, the Halftime show, because what I heard was almost total belief in the markets going higher, but that they had not seen the market inflection point yet, that V bottom where the public blows their positions. I think the guru’s missed the day, January 29th, when that inflection was triggered. It came early, it was not paying attention to earnings or interest rates, just Trump.