Here we are on Thursday morning October 5th, after a week of chaotic behavior. The Bears have been out in force during this period, for the lack of a better name let’s just call them the Jamie Dimon/Bill Ackman “Sky…Continue Reading →
Normalized Yield Curve has arrived. The all important 30-05 YC is now back up with the 30 a little positive. A good place to be, rate rises now over. No cuts however, economy too strong. Everyone can just settle in.
Today we are see the other shoe to drop, the longer term daily chart of the Economic Restrictions chart that we showed on September 21. Now we are seeing the power move start. The Economic Demand chart should follow, with…Continue Reading →
1:30 PM update. Markets factors are solidifying the trading bottom off of the July 23 trading top. The next leg of the markets will have climate stocks and small cap stocks as factors that will bring a significant change in…Continue Reading →
As the market sets on its hands letting the trifecta play out, The House Republican game.. The Fed Overkill game.. And the final try at a bear market by all the players who missed the 2022-23 market bottom develop. It…Continue Reading →
Back in May of 2021 this is the chart forecast we put out on bonds. see red circle. We got to that level the first time when stocks bottomed in October 2022 and now we are retesting. You can decide…Continue Reading →
The markets have been treacherous since the short term trading top that we cited back when it happened on July 23. Since then we saw a sell-off into August 18, then a trading rally, and now a sell-off back into…Continue Reading →
Other than for current prices, three dates stand out to me in terms of important dates for the current equation, those are: 8/03/2020, the start of the Covid Bubble. 8/30/2021, the start of the Covid Bubble Top. 6/06/2022, the start…Continue Reading →
The market is broadening out and completing a base, while investor enthusiasm and participation is at historical lows. Where is everybody?
Soft payroll numbers only push Bears to cover, they are not bullish. The trends did turn up yesterday, but wait a bit before becoming an aggressive buyer for the next wave. But here are my macro thoughts at the moment……Continue Reading →