The employment numbers today and the macro technical market indicators point to a high probability that the stock market has seen it’s lows through the 2012 election. Maybe it is the lunar cycle, but even Alan Greenspan was rather clear…Continue Reading →
In my opinion the anger is misplaced and illustrates how the left wastes a lot of bullets. You can read this blog every day and in my mind see a progressive approach to solutions and actions. In the current situation…Continue Reading →
What we mean is that the world has not come to the end. As we repeatedly point out this is not 2008. The Europeans have choices, the Germans have a lot of money, the question is how much they want…Continue Reading →
What set off this market crash. Look back at the day it started and what triggered it. On that day the S&P 500 had a high of 1343 and closed at 1320. Today the market looks like it will open…Continue Reading →
Employment numbers were better today and Germany’s Merkle came through with a positive vote. These pieces will fill in holes as the stock market bottoms over the next month. These days the Talking Heads on CNBC seem to be unable…Continue Reading →
It would appear that the S&P 500 is headed for the 1070 level by the middle of October. This all started in 2009 when Obama settled for a stimulus light, trying to make peace with the Republicans and blue dog…Continue Reading →
Focus today is on the FOMC’x Twist program of extending maturities of their holdings. To me this is primarily an attempt at doing something, however inconsequential, to make it appear that they are not powerless at this juncture. There is…Continue Reading →
I am almost afraid to say what I am going to say today, but there actually is a case, albeit a weak case, to be bullish on the stock market. The weak case that it is built around is the…Continue Reading →
The Fed numbers point to a small reduction in the monetary base, a welcome bit of stability that we didn’t see during QE I and QE II. The trade deficit declined as imports declined and exports increased. Also Bernanke in…Continue Reading →
Markets remain in a quandary as they await Obama’s employment address and the Republican response. The dollar has strengthened and gold has sold off, yet the kind of clear breakouts needed, gold down and dollar up have yet to trigger. …Continue Reading →