Following up on yesterday’s post, “It’s Complicated”, today we are showing our “Diffusion Index”. This measure is one I watch to gauge where we are in the Bubble Pop. It is quite simple. The index was set to “0” for…Continue Reading →
If you look under the fluff, one can see the forces pulling between a return to economic Recovery and a Recession. For instance The Chicago Economic activity index today showed a negative number for September. Bottom line, 10 year interest…Continue Reading →
The market over the past few months has been like that old game of being near a chair and not being the odd person out. Like should on this day you be in a certain stock sector or index or…Continue Reading →
The deeper picture is unfolding today, the yield curve is flipping, the working interest rate, the 10 year yield, is pushing to go parabolic to the upside. All the funny money crowd are buying stocks right into peak earnings, they…Continue Reading →
This is an important week coming up. Last Friday and today we see the Funny Money based micro traders making an attempt to make and hold new highs in the stock indexes. Their buying is totally short term based around…Continue Reading →
Today looks like an extraordinary Hammer II. The S&P daily high price took out the high for September 23rd by three point 4471 vs 4468. More importantly the “The Big Canary”, interest rate adjusted FANG stocks, have now at 9:30…Continue Reading →
Ten years of Funny Money, starting with Bernanke’s FED QE2 in October 2011, provide lots of bounce activity to the markets but do not negate what is evolving. Today we are seeing kind of a test of some solid moving…Continue Reading →
For the markets, the next couple of weeks will be the most instrumental of the year. As forces line up for this decisive time, the direction, up or down from here for stocks is in focus. And, a big Chaos…Continue Reading →
After many attempts during the week
An early weekly view. The market technicals point to the fact that the market has topped, market traders however point to their view that nothing has changed and we are headed to new highs again. That should mean that we…Continue Reading →