You can put any analysis you want around the Bear market bounce, but the high probability remains, Mnuchin and the Treasury with Trumps bidding are using Powell’s FED money to orchestrate a Re-election campaign through various entities. For me the…Continue Reading →
If the markets are smart today they will sell the fact. The recent runup from the fair value area at 2450 on the S&P to the 2850 area have been based around the rumor, perception, that Trump would try to…Continue Reading →
In these uncertain times, I think there are just three things to keep in mind. The stock market as represented by the S&P was in a manipulated state between January 2018 and February 2020. What does that mean, well all…Continue Reading →
It was a little surprising that the S&P market was as strong as it was yesterday, the high volatility turned out to be an up day. In essence what we saw play out was a Wall Street run play based…Continue Reading →
The market is back up overnight to the resistance area. Today is forecast to be a big volatility day. Should be a hard down by the close.
The Key Factor now is the Whitehouse’s Gross Mismanagement of the Pandemic Crisis What should have happened and what will now happen late are.. Nothing short of a National lockdown of the general population Complete diagnostic testing of all people…Continue Reading →
Let Them Fail For all of you that have followed me over the years, you know that I agree pretty much with the views of Palihapitiya. by Tyler Durden Thu, 04/09/2020 – 20:20 TwitterFacebookRedditEmailPrint With millions of Americans sitting at…Continue Reading →
The 4/9/20 Monetary Panic This was for a personal forum in Facebook last Thursday. I rarely make a comment like this on the stock markets, 50 years in the business educates one to not make public statements, but today is…Continue Reading →
It is interesting that the S&P sell cluster area completes today. When this all ends, 1929 will only be a footnote to the carnage that Mnuchin and Powell set up by unconsciousable market manipulation.
Social distancing is working at the moment, things are looking better. The S&P bounce today back up to yesterday’s highs seem to be based on that fact. Key issue is to watch. Let’s see if Trump and Mnuchin have the…Continue Reading →