Rising inventories and slack retail sales, what does this say about the economic story? To me it seems like the part of the story that the stock market wants to focus on over the past three months is basically business to business…Continue Reading →
Five years ago, our March 3rd 2009 post was titled Bottom, Bottom, Bottom, we were three days early. This is the first time we have ventured to make this kind of comment again, but in the opposite direction. Next Monday…Continue Reading →
The Biggest Bubble of all TIME The Fed Bubble that has to keep ballooning because it by definition is not accomplishing it’s goals. Within the macro deflation scenario a blow-off spike that will pierce this bubble appears ready to breakout. This…Continue Reading →
No doubt some of the cause of the poor economic numbers lately is due to weather. In my view the bigger cause is an underlying malaise in the vast consumer base that does not work well in an economy based on…Continue Reading →
Here is an article from today at Seeking Alpha that provides another tact on the question. http://seekingalpha.com/article/2025901-the-emerging-market-test?source=email_rt_article_readmore&uprof=22
As the numbers in our February 6th post show, the US stock market is at odds with the world. So the question now is: Will Yellen pull up the World or will the World pull Yellen down? Again, we point…Continue Reading →
What if the year 2000 did mark the top of the 72 year long economic cycle (1929 – 2000) and the 2007 bounce was just that, a bounce, and the 2009-2013 period was just a period of artificial FED action, and…Continue Reading →
We didn’t get the free lunch rally in stocks, now we will add to short positions based on downside breakouts. We will let you know as the breakouts trigger.
To the 1807-1824 area on S&P over the next 10 trading sessions.