Dollar and T-Bond prices are pointing out a big risk, that risk is that those two markets could take interest rate policy out of the hands of the Fed. There is no question that Ben and the Fed will do…Continue Reading →
Everyone seems to believe that they can tag along with the FED, that it will be transparent and tell everyone when the end of funny money has arrived. This story also seems to assume that half of the market will…Continue Reading →
There is no question that the battle the FED has been fighting is deflation since the deleveraging started in 2008. In essence the FED has absorbed 3 trillion dollars of overleveraged assets and are now coming to the end of…Continue Reading →
1) Is it becasue the market and most participants thought that there would be a last minute deal and so everybody is long ? NO. 2) Is it because we get to see this all again after Christmas? PROBABLY NOT….Continue Reading →
With the rally to 1680 area on the S&P, decline to 128-22 on the December T-bond futures, and the decline to 1325 on gold, we have seen all of our position maximizing points hit. The completed long cycle positioning of…Continue Reading →
The May – October rolling top continues to unfold. Last Wednesday we saw a test of the 1635/1641 swing area on the S&P. At the moment rallys to the 1677 area should suffice. A close under 1635 would point to…Continue Reading →
Try thinking of the FED as a gun shop that farms out the manufacturing of its most crucial component, the trigger. At the moment a majority of market players believe that the FED is working on the trigger inhouse, i.e….Continue Reading →
The market now has its base numbers for the pre-austerity period. It will probably take about three months for the austerity effects to start showing up. The corporate CEO’s have now bought into a recovery mood, that is a significant piece…Continue Reading →
Our web manager is finishing up the setup to add our subscriber Numbers page to the website. The numbers should be available in the coming week. Here is the text that goes along with today’s numbers that have been emailed…Continue Reading →
What does that mean. We are short the stock market and made our final move out of short T-Bonds to short stocks yesterday and are holding our short gold / core deflation position taht goes back to September 2011. Basically…Continue Reading →