The jerk up in interest rates overnight goes against any reading of where things stand on rates. Interest rates are going down. The Green line on the attached chart keys off three significant 2025 daily highs on the 30Y bond,…Continue Reading →
Today I have been scanning a number of pieces written by mid-east observers and analysts. Here is what jumps out at me.
Looking at chatter coming out of the mid-east and to be in position for next week, we are revamping the fundamental inputs to our model this morning. 1. First, It appears that Gulf State oil producers and financers of global…Continue Reading →
It is with a certain amount of sadness that I monitor the performance of my climate tech model. I made changes to the model after Trump was elected, primarily by unplugging economic inputs, like employment, GDP, etc, and adding intuitive…Continue Reading →
Market activity since Thursday seems to be primarily that the stocks that got beat up since mid-january are finding a footing. At the same time War fears are leading to some selling of more mainline stocks. Here is an aggregate…Continue Reading →
Our model made no new signals today. The core climate stocks remain in a good place and other stocks that are bottoming continued to do that. As to the big players, they still appear to be hanging out in non-tech…Continue Reading →
There are a lot of pieces to work with today. For me, it means going into this day with an open mind and see what jells.
The overall bottoming action appears to be falling in place. At times like this I like to look for signs of when the relationship between what everybody thinks they should own versus what everyone is afraid to own. While there…Continue Reading →
Number one, keep in mind that Trump measures his success by what the Dow is doing, even his Attorney General knows this. So now one can put things together. First, the mid-terms are only 8 months away and any kind…Continue Reading →
Some good things are happening. Animal Spirits index appears to be stabilizing, maybe a bottom, will check at mid-day. Gold and Silver had the needed knee jerk bounce to 5200 in Gold, and 89 in Silver, may do a bit…Continue Reading →