The market comments after the close yesterday seemed to be of two types, the most prevalent one was that this was a correction that has a little more to go before you buy with both hands and a few comments…Continue Reading →
This is a late in the day post, 2:30 PM CDT. Mario Draghi has finally said what Bernanke should have said in 2011, and Yellen should have said at her confirmation. Draghi said, “we cannot do it all, the governments…Continue Reading →
I have been plastered with money requests from all kinds of Democrats in the past month. The overall approach seems to be you want me to feel bad if I don’t give you money every day. In fact the email…Continue Reading →
The little trading box built between August 25th and September 8th on the S&P, prices of 1990 to 2011, has set up a bit of commotion, with the 1990 low being taken out by 11 points down to 1979 since….Continue Reading →
This blog post will be a little long and eventually will probably be moved to the front page of our website. It contains our essential view of what has happened over the past 14 years and the probabilities moving forward…Continue Reading →
One of the newest inhouse indexes that I watch is what I call, for the lack of anything better, the CNBC Cramer Hot Tech Index. It is made up of 5 stocks TWTR, NFLX, GPRO, TSLA, and FB. I watch this…Continue Reading →
To me it is amzing to see stock market investors be totally certain of higher markets, the percentage of bears is currently at extremely low levels according to reports, and yet I don’t think I have seen more uncertainty in years….Continue Reading →
The US Dollar versus Japan and Europe is rising to a point where things could start to have real market consequences. See seekingalpha link from 18 months ago on currency effects: http://seekingalpha.com/article/1224021-the-rising-u-s-dollar-what-it-means-to-the-economy-and-to-investors In the meantime, I am back from vacation and we have…Continue Reading →
No meltdown yet. I have extended my vacation through the end of the month as I still see the turn down more in the late September,early October period, in any case my macro positions are prepared for whenever it occurs….Continue Reading →
Just looking through the stocks that are looking weak at the moment, some big names pop up, McDonalds, Caterpillar, Amazon, GE. This coming week is a big one for numbers, GDP and Employment. Look for inventories to rise as Producers…Continue Reading →