Investor Lockup At times like this when many investors are locked into inaction, it may be a good thing to look at the macro puzzle illustrated in the chart below. S&P and 10 year interest rate Relationship This chart which…Continue Reading →
Long term subscribers know that I view data relationships/spread ratios between data streams as an essential element in analysis of stock values for investors (in the case of oil, most people are not oil speculators, just oil stock investors). As I…Continue Reading →
The U.S. Dollar decline seen since early December has gone down to the point where it offers extreme value under 92.77. The Stock Market Top continues its 26 month formation pattern dating back to February 2014. The Macro Deflation wave…Continue Reading →
While many money managers are trying to make a case for an Oil bottom, the fact remains that we have just seen the first indication that a bottom is forming. Maybe the best way to illustrate our view is to…Continue Reading →
Back on February 10, 2015, almost a year ago we outlined in this blog why Oil could decline to $ 22. We revisited that projection on October 13, 2015. Today Oil is back on the front page. Yes we still…Continue Reading →
It has been some time since we posted. In the macro sense there has not been anything to talk about. We saw 15 days that the S&P traded above the 2070 level, since October 23, and then it went below…Continue Reading →
With all the talk about commodity bottoms occurring in Oil, Copper, Grains, even the precious commodity Gold, it may be time to take a look at one of these markets. Back in our blog of February 10, 2015 we mentioned…Continue Reading →