Meltdown Risk Day
Market was up against Big Resistance Basis the S&P the market has put some time in the 2620 – 2720 no-mans land price area. After using up a lot of energy over the past 16 days in that area there…Continue Reading →
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Key Question, did Powell’s Philosophy Change
Powell’s Viewpoint.. We don’t think he has changed his real posture. There is no way to know for sure, but it would appear probable there is some bad stuff brewing in the macro data that will be seen over the…Continue Reading →
High Potential for a Sucker Day
The S&P seems to be languishing in that 2570 to 2620 trading area where the so called smart money is supposedly buying in anticipation of an upside breakout soon. The name Smart is in this case synonymous with fat cat…Continue Reading →
The Perfect Rebound Trap
Yesterday the hotshots got the news that Government tax cut Financed stock buybacks by corporations will show up over the next few weeks. The Rebounds… This pushed the market back up to the 2689 S&P swing point late yesterday and…Continue Reading →
This is Not 1987
It will be much worse, this market will have to deal with the effects of the arrogance of Bernanke, Trump, McConnell, and Ryan before it finds stability. That will be take much more than a 33% decline. !987 was just…Continue Reading →
Trump Bankruptcy – Personally and Federally
Everyone around the world seems to be wringing their hands over what the Donald is doing. You can probably relax. People like him have the combination of ego and ignorance to do themselves in. The world is coming to realize…Continue Reading →
Three Quarters of a Century
If I had not been born on this day in 1943, I might have had a different title today, maybe “Waiting for the Accident”, as the current political scene seems to be setting up for something, although not today as…Continue Reading →
The Depression Playbook is in the Oval Office
Yesterday’s comments lay out the factors. In what has been an inside week in the stock market, we should see a bout of euphoria which will set up an opportunity day for those looking at this Friday action as an…Continue Reading →
Most Important
The Overall Situation As we watch this coming week unfold probably the most important thing for 98 percent of investors is to rethink buy and hold which has worked for the past nine years. While I know that the party…Continue Reading →
The FED buys the Growth Story
Rates Rise on Fed Minutes Yesterday we saw the five pillars of the Macro market on which we key, Stocks, Bonds, Gold, Commodities(Oil) and Currencies, and all reacted in perfect unison to the interest rate story, all were down except…Continue Reading →