Yesterday was probably a wakeup call for many traders and investors but at this moment 10:00 AM CST nothing has changed in terms of overall positions. Maybe the best way to illustrate this is: all eyes are on the dealer,…Continue Reading →
As the market tries to make sense of the big question, the debate between Hot Inflation and Developing Recession, things are getting interesting. The first reaction which started yesterday and makes the Pivot value for Monday 1/2/22 close as important…Continue Reading →
There is a lot that points to this being an important point in the 40 year supply side inequality play. See the following two charts. The Chart here is from my good friend Ron Griess at Thechartstore. It shows the…Continue Reading →
In my mind, 2022 will be a year when fundamentals take back the markets from the manipulators and all their followers. At the moment the questions looming as the fundamentals come back, will Inflation or Depression take over the markets….Continue Reading →
For the past two years the value of subtle factor market analysis has waned. This was due to the fact that the FED and its balance sheet has been the whole game. Now we are starting to see shades of…Continue Reading →
The long tail of overvalued stock market pricing, courtesy of tax payers (via the Fed) and forty years of trickle down supply side economics is in your face right now. With the low volume of trading inside the Bubble only…Continue Reading →
Today we are seeing more of what has been shown as the Bubble narrows. Fewer big stocks and Bitcoin are keeping the S&P viable but the market is falling away around it.
The Adjustment.. The markets seem to be taking over the idea that Omicron is the last of Covid, that it will burn out by infecting all the no-vaxers. Those no-vaxers remaining will limp forward and stop vectoring the virus around…Continue Reading →
We didn’t see a close under 4440 on the S&P this week, so back to rotation mode for a while. The market seems to see blue skies ahead, thinks this is the last hurrah for COVID as more and more…Continue Reading →
As we have been trying to point out in recent posts, the big issue is an overvalued stock market, the Bubble, and that market has topped out. The FED has gotten the message, albeit late, but they also know that…Continue Reading →