Holding…
Just holding positions today and watching. The 2 yr interest rate is gaining on the Fed Funds rate, this means growth is getting more thought than inflation at the moment. Also, the S&P is trading above the 4231 level, so…Continue Reading →
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Monitoring things..
Today is one where after the large gains in the portfolio this week, the trader in me wants to take profits….but then when I look at the situation three things stand out. First my informal monitoring of Twitter tweets on…Continue Reading →
One Chart to Watch
All this talk on yield curve inversion pointing towards a recession. How real is it? In reality, the inversion is basically due to the FED wanting to get the Fed Funds rate to 3 percent, probably a good place to…Continue Reading →
Revenge on the New Economy
The big money conservative shorts are out to prove that they were right all along and that the stocks with vision will never see the light of day while the FED carnage on the economy is in play. I have…Continue Reading →
Big News
We kind of have had a trifecta of economic news in the past week. First the Chips and Science Act. Next, the strong employment numbers. Then the Inflation Reduction Act. Most importantly they wrap science and technology into the Climate…Continue Reading →
Powell Victory..
Post at 9:30 AM CDT, two hours after report. It would appear to me that employment strength kind of puts the recession story to bed. With that said, it looks like the 2 yr is is telling the FED what…Continue Reading →
Fed Control
Different game, different play. Five Fed governors yesterday tried to show that they are in control. They lost control a year ago with “transitory”. So forget pivot, there is nothing to pivot. Fed funds at 3.0 % is a good…Continue Reading →
The False all Clear signal
The False All Clear signal is getting a lot of play. It is the line that is used to describe the July Surprise in stocks. For me, I don’t see a FED Pivot as the market is making the adjustments….Continue Reading →
A boom outside the “Consumer Cauldron”.
A few highlights of last week’s market could work around ROKU and Walmart. I would say that following the FED and thinking things have not changed on the consumer front will not do you favors. Friday night Bloomberg had an…Continue Reading →
From a Financial Stability Standpoint
Review of Powell news conference today. These were the words that Chairman Powell used to explain the risks facing Americans. “From a financial stability standpoint we have already seen asset values drop a lot so the chances that they will…Continue Reading →