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 →
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 →
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 →
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 →
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 →
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 →
The Stock Market is following all the technical cues, so rare that it is scary. Overnight the S&P completed its projected bounce from last weeks lows , and has reached our outside target of 2716. A Major Stock Market Decline…Continue Reading →
Market players initially think so but there are some Things to ponder: Macron’s victory in France .. Corbyn’s surprise showing in Britian..no doubt some of that is that voters realize they need to try and trash Brexit, they fear getting isolated in…Continue Reading →
We are watching Goldman Sachs closely with so many on Board the Trump wagon. A close below 220 would seem to have consequences. And not to mention, GS top economist on CNBC today seemed to have his head, you know where.
Markets make are at all time highs, The VIX indicates a low level of risk, A majority of analysts are bullish, Goldman Sachs is bullish.