The FED Reserve Additions (the infamous not QE) This belief that the FED addition of reserves to allow better liquidity is going to help the stock market is wrong headed. This FED action is just an attempt to forestall a…Continue Reading →
Fade the first move out of a quiet period. Sidepoint.. Reading “Globalists” by Quinn Slobodian. Enlightening as to how the neoliberal movement involving Hayek developed. It is interesting to see how the Thatcher/Reagan/Friedman conservatives tried to piggyback on that work,…Continue Reading →
Key Points on the Micro Situation.. We have not seen a Panic Blowout to the downside, yet, and.. A 38 percent upside Fibonacci Bounce to 2570 area on the S&P is possible before the blowout.. That leaves a swing point…Continue Reading →
What are investors thinking about.. A. We hear about big outflows from stocks, yet the market just sits here at levels that it has been playing with 7 times in the past 13 months, last November 2017, last February,…Continue Reading →
The Market is headed much lower.. The market has put some time in recently pivoting around the S&P 2689 price swing level. Now we are seeing a push through that area, and yet market players are talking about where the…Continue Reading →
To me watching sales for Ford F-150’s is the most fascinating indicator of what is going on in the US economy. This Government debt funded economy action has moved into the retail sector as tech has lost its luster. As…Continue Reading →
the Crash, is the important day to know when you are in this kind of environment where things are unraveling and the Market thinks it has its timing figured out. The Problem is that the market cannot know the day…Continue Reading →
In my opinion…. Stocks are having a rolling top which started in January with the S&P and is now finishing with the Tech Stocks.. Oil and commodities in general have topped recently…. Gold is bottoming… Interest rates yield spreads are…Continue Reading →
A lot of complex stuff has piled into the investment mix over the past year. To date the stock market has viewed everything is good, probably because the tax cut for corporations, funded by the people, is smoothing the way….Continue Reading →
Trump went completely outside the box yesterday, basically confirming that he and his buddies were a significant Brexit influence. By his buddies I would include Putin and Bannon, who are probably controlling Trump’s calls these days. So this is May’s…Continue Reading →