The stock market bounce that we saw yesterday and overnight is based on better virus views. The battle now that sets up is between believers that the big economic picture has changed and those that believe that we are going…Continue Reading →
The market wants to rally to the S&P 2722 to 2778 area, but has no reason, first stop on this dream is 2576. The Main Takeaway I would suggest that readers go back and look at: The March 27th post,…Continue Reading →
The Market is still in Disbelief One has to keep in mind that the move on the S&P from 3393 down to 2722 was just an adjustment to a manipulated over priced market. Secondly I hear analysts say that an…Continue Reading →
That’s all you need at this point.
The Story that has Evolved Over the past 10 years an operating strategy in investing has gained strength. That is, the market always goes higher, you don’t need to think about value. Funny money from the FED has been the…Continue Reading →
Big Picture Now that the end of quarter adjustments are behind us I think we will see things settle in. Everyone knows the economic numbers over the next six months are going to be challenging. At the moment it appears…Continue Reading →
Early Morning Thoughts I woke up this morning thinking how precious life is and how trivial following markets is these days. Three weeks in isolation can do that I guess. But then it fits, this is a manipulated market that…Continue Reading →
Market Settles in for End of Quarter Marker Obviously Wall Street and the 401K managers around the country have a great interest in printing as good a end of quarter price as possible tomorrow. Their hope is that somehow the…Continue Reading →
Yesterday we outlined some trading ranges for the S&P. Today we are getting somewhat short again. 2429 was listed as the dividing line between undervalue and overvalue and 2722 was listed as the top of the current trading range. This…Continue Reading →
The Setup The country and probably the world has entered a zone for which the prime age 30-55 person is ill prepared, a zone of personal sacrifice. Since 1973, when the US draft ended, the vast majority of the…Continue Reading →