Pension Fund Load Up Days
This is the beginning of the quarter and we should allow two days for the pension funds to load up their accounts. As this quarter evolves I look for earnings and GDP numbers to bring a more somber atmosphere.
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Deflationary Spiral…..Could a Bond Bubble be ready to Start ?
As the market digests a little Iraq based oil inflation scare for the next month or so it might be good to look ahead to what really is going on in the economic front. To me Fed Taper is a sideshow. The…Continue Reading →
Just Saying
Tomorrow is Friday the 13th and a Full Moon. Maybe check your horoscope to determine the details. The VXX volatility chart had a downside blow-off on 6/6/14. That leaves a gap between 31.28 and 31.82. We would not be surprised…Continue Reading →
Beginning of the End for Mainline Republicans and Democrats ?
Is there a bigger meaning to Eric Cantor’s defeat yesterday? While I am not a Tea Party fan or a Libertarian, I do have agreement with some of their economic beliefs. The fact that mainline Republicans and Democrats have held…Continue Reading →
Day 66 of the Top
The markets are coming to an inflection point. If one looks at one day, today for instance, all but one of these four indexes are above the 3/7 high. On the…Continue Reading →
Watching out for Number 1
It is obvious that in an artificial market controlled by the Fed, like we have seen since September 2012, that the thing to do was invest in the big Corporations and big Private Equity firms as they take over a…Continue Reading →
More Clarity
The recent NYT article “Crisis Management Rethough” by Binyamin Applebaum sheds some more light on clear thinking, something that all the talk by Tim Geithner seems to avoid. See link here concerning a new book by Atif Mian and Amir…Continue Reading →
Market Top Formation is ready to be Completed
As of today we are 50 days into the top formation that started on March 7, kind of an unprecedented amount of time for a top. A trade under 1827 on the S&P would be that kind of signal, whenever…Continue Reading →
The Twitter Effect
The recent decline in Twitter and Amazon have some investors up in arms and explanations are flowing madly in the media. My take on this is that companies that are based on the come with revenue being the bottomline, not…Continue Reading →
Things Feel a Little Strange Here
Maybe it is because we are hooked to a data dependent FED and we just saw a good employment number with the unemployment rate at 6.3 %. All of those numbers fly in the face of the fact that things…Continue Reading →