The FED is back in the picture with meetings today and tomorrow. As with other recent FED meetings we see a little back-off in the dollar as it is well known that the FED sees managing the dollar as its…Continue Reading →
Stock market investing tends to be tied to either a buy and hold approach or a timing approach. We operate with a timing paradigm based on a combination of technical algorithms and fundamental economics. If one goes back three years…Continue Reading →
It is ironic that the media views the Greek and China events as sideshows to the greater economic environment. We view current market volatility as part of a bigger picture. The move towards deflation which was triggered in 2009 has…Continue Reading →
Some try to portray the Greek situation as about people who don’t pay their debts. That is part of the story. However, the Greek “No Vote” may be more than that. It may be the leading edge of a rejection…Continue Reading →
Before we talk about Macro Signals, first we probably should mention The Mad Money CNBC Man, Cramer. Markets like this bring out the worst in him. If you watched him in late 1999 and early 2000, read his book “Getting…Continue Reading →
The Macro warning signals in the stock market and the economy that have been recognized over the past couple of years appear to be close to triggering. I continue of the opinion that the FED will not be the cause…Continue Reading →
Everyone knows we are sitting on trouble, but no one wants to get off. This is getting more interesting as Macro technical market indicators have stalled.
Kind of an interesting FED meeting and Yellen Press Conference. Bottomline: 1) they don’t want to admit QE-2 and QE-3 didn’t work. 2) They have no forecast as to when ” Normal returns”, everything is data dependent. 3) The economy…Continue Reading →
This is crunch time. The run at the upside breakout in stocks is in play but volume is not helping out. The problem is that the Bond market is taking over. It would appear that the FED is fighting back…Continue Reading →
We saw a little sell off in the market yesterday and the craziness of the thinking was interesting to say the least. CNBC visiting guru Jim Paulson said it all when he said “we may have made a major top”…Continue Reading →