What Fracture? What we are talking about is the point at which we see stocks collapse and Gold and T-Bonds rise dramatically, all in a short period of time, together. Technicals In talking to Bill last night, he said it…Continue Reading →
Effects of Tax Change Bill Since mid-December 2017, the stock market has been focused on possible effects of the Tax Change Bill. Those issues fall into two categories, 1) one for sure, a rising federal deficit, and 2) possible increased…Continue Reading →
Now we are going to let the details unfold. Remember, the basis is: Trickle Down Policy doesn’t work.. Fed normalization is in play
The Stock Market is following all the technical cues, so rare that it is scary. Overnight the S&P completed its projected bounce from last weeks lows , and has reached our outside target of 2716. A Major Stock Market Decline…Continue Reading →
Reports Inflation was a little higher, gasoline a factor, than expected, but retail sales are light. That in total is not a high growth formula, i.e. is bearish on stocks. On the other hand, the bulls at CNBC want to…Continue Reading →
CPI Number Tomorrow Today is a setup day for tomorrow’s CPI number which for some reason seems to be taking on more significance than usual. That is no doubt due to the belief by many traders, especially Hedge Funds, that…Continue Reading →
The Situation For the past three years this market has been like watching, a bunch of half drunk amateurs climb Mt Everest. Why is everyone surprised by the steepness of this initial decline. Some of the CNBC experts are having…Continue Reading →
Between the Bernanke QE program and the Trump Tax Plan, the economy and the markets have a lot of heavy water to carry. This will not be easy or quick to fix and eventually wiser people will take over. The…Continue Reading →
An Eye Opener Last night I was reading a Bloomberg article “How GE went from American Icon to Astonishing Mess” by Drake Bennett and something hit me square in the face. I am generally focused on Macro charts and do…Continue Reading →
The Buildup As market players debate how high is high and how sweet the blow-off this year will be, maybe we should be looking at the underlying scenario. And before we get into this deeper it should be first said…Continue Reading →