See Monday Morning trading updates below: Regardless of how the bears want to spin the story, the fact is 3 month interest rates are not going to 6.0 %. The FED may raise rates 0.25 at this week’s meeting but…Continue Reading →
Here are two articles on the SVB and banking issue. One by John Mauldin who long-term readers will know is someone I respect, and one by a writer at WSJ which close friends know I quit reading when Murdoch bought…Continue Reading →
It feels like a bad vibe is setting into the markets, the wrongs stuff is rallying this week, old tech, while the New Economy stocks are sucking air. The model is keeping all the New Economy stocks and dumping the…Continue Reading →
Notes for Friday Long Oil and commodities have been two of the hideout trades along with Bitcoin during this transition period since February 2nd. It would appear that Bitcoin is a better place to hide, especially if you buy it…Continue Reading →
Just out, GDPNow, First quarter 2023, Latest estimate: 3.2 percent — March 16, 2023. Growth continues to defy the inflation & recession crowd. My view, inflation is now the No 2 problem, Instability by a FED that won’t own up…Continue Reading →
I generally type things into my notepad as the day goes by and then try to make it into a coherent message. Over the past couple of days the various news threads seem to be all over the place. So…Continue Reading →
I continue to be of the opinion that economic growth with increased efficiency will eventually handle inflation. As stated here last week, there is still a period of time through the FED GDPnow numbers that will be released on March…Continue Reading →
Another update of the chart I posted last night at 8:00 PM CST. The risk adjusted stock basket is getting stronger by leaps and bounds. Chart updated here at 9:50 AM CST.
Update here at 8:00 PM CST of the interest rate adjusted stock basket chart. This chart is the 24 hour market version using 2 hour bars that show the picture of what is happening overnight. The chart has made a…Continue Reading →
Below is an updated chart throughTuesday night. It is a Macro Economy Valuation using an algo with market data inputs for stocks, bonds, commodities, gold, bonds, and the 30-05 YC. Detail here: SPX, NDQ, RUT, CRB, DXY, GLD, US02Y, US30-US05…Continue Reading →