Fear is Doing its Job…
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.
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Interest Rate Rise has hit a Snag…
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 →
Macro Picture Updated…
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 →
Taking a Pause for a few Days…
As I see it, the stock market is setting up for shot through the 4333 level of the S&P in the next couple of weeks. Obviously. the employment numbers coming out this Friday will lend a piece of data that…Continue Reading →
A Well Spoken FED Governor
Striking a Delicate Balance in Making Policy FED Governor Raphael Bostic made some headlines today in a conversation with reporters. “Slow and steady is going to be the appropriate course of action,” Bostic said in comments to reporters, with perhaps only…Continue Reading →
The FED Mindset…updated
Update at 10:30 AM 3/2/23 Now that all of you have had a chance to read the piece below that I think shows what the FED thinks and its current rate hike play is based. The FED goal of a…Continue Reading →
Next Friday will be the Test..
We should continue to see decent employment numbers on Friday December 10th. Technically, we see a market becoming heavily oversold as the bears pile on and the bulls sit and wait, ready to run the table on the upside. Real…Continue Reading →
The Bear story is getting old..
MY view, most of the economists out talking the bear story are missing two important factors. Consumerism as a lead demand factor is waning, companies based around selling crap are in trouble. Climate Tech is the focus of the new…Continue Reading →
Watching…
Kind of a bounce type, waiting kind of day, I don’t have much to say. The FED remains in control of everything that is happening, at this point no indication that they will show the patience to allow the big…Continue Reading →
Where were these Guys?
September 2021, for anyone paying attention, is when the markets started to unravel. Yet today, some 18 months later, all these hotshots are screaming crash. Here is the chart of the economy since 2009. Here are all the screamers….