Month End Update
The last day of the month saw more of the buy on rallys / sell on breaks behavior by the market players coupled with their belief that oil is making a bottom. All in all, a volatile combination in the…Continue Reading →
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The Macros are Asserting Themselves
Yesterday saw some significant downturns in the outlook for stocks. For some time we have been talking about the extremes expected as this deflationary macro takes hold. Those extremes that we have mentioned are $ 22 crude oil, 166 long…Continue Reading →
The Battle of Battles, Central Banks vs. Deflation
January 22, 2015 will see this battle coming to a head. The volatility that we have seen this week will no doubt continue until the last week of the month. At the beginning of each year I like to look…Continue Reading →
A New Link for You
Here is a link to an analysis service that could make a big difference for you in 2015. http://davidstockmanscontracorner.com/
Unprecedented FED Action
What we are talking about is not only what the FED did with QE2 and QE3 which ended yesterday. What is unprecedented will be the effect on the economy if the FED really does let the 3.5 Trillion dollar Balance…Continue Reading →
Buying T-Bonds and the Dollar Today
The ideal spot on the December T-Bonds is between 140-14 and 141-00. For the December Dollar index, the 85.10 to 85.40 area would be good. The GDP number later this week will give a better picture of the economy. We…Continue Reading →
The Fed and the Balance Sheet
Here is the chart that has Macro traders thinking about a defensive posture. Compliments of the Chartstore.
Premium Sell Area
Anything above the 1920 price level, the 1920 to 1980 area on the S&P, is a premium place to buy inverse ETF’s like SPXU. Keep in mind this is a macro call based on a combination of fundamentals and chart…Continue Reading →
Text Book Bounce
The bounce in the S&P over the past few days ended at the text book level, 1920, outlined last week. You know what to do. Tomorrow we will feature a chart and analysis put out by the go to place…Continue Reading →
Correction or Top Confirmation
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 →