At this point the markets are obviously in what the media calls the piece dividend period. This may sound good, but the markets are not stupid, at this point the current Global Macro situation is seeing relief, however down the…Continue Reading →
·Keep in mind, market manipulation in the Trump era goes both ways, Long and Short. I surmise that Trump’s euphoria at his infamous “I Love Inflation” press briefing yesterday, is probably a good indication that his trading partners were short…Continue Reading →
This is the kind of day that can provide some huge opportunities. Market players are a bit shell shocked by what happened on Friday. Technical market players are focused on selling the first bounce. And yet, pure fundamentals of which…Continue Reading →
To me the recent brew-ha over oil is just a knee-jerk reaction to Trump’s mistake of letting Netenyahu run American Foreign Policy. I expect that the biggest effect, long-term, will be something like the effect of Covid, people started working…Continue Reading →
Just beating on the table again, declining gold and silver are positive for stocks. What I see here occurring is that the equal dollar weighted index of four components which we monitor and which I talk a lot about at…Continue Reading →
It seems we had the perfect storm to clean up some market exuberance. We tested the May 20th thrust up day and it held. I think we see the second bubble-up wave coming next from this general area. Probably a…Continue Reading →
Today has the makings of an important day in market history. I frequently mention two indexes that we calculate and monitor. One is the Monetary Multiplier Index, it is the sum total of the impact of the Dollar, Gold, Oil,…Continue Reading →
My conversation with Copilot AI concerning the New Fed Chair, Kevin Warsh I find AI can be useful in structuring big questions that one might have, in this case, the selection of a new FED Chair. I tend to prefer…Continue Reading →
Putting leverage back on today. First time since deleveraging on May11. One thing the model monitors, the TLT/SPX ratio is now down to an extremely oversold level of 14.4. It may not be the bottom, but long-term it works.
Markets are adjusting to inflation forces.