Yesterday I talked about one of the indicators that I like to watch for indications of a coming change in direction of the stock market. If you look closely at that chart, you see that yesterday, there was a dramatic…Continue Reading →
One chart that I like as a confirmation indicator is the S&P 500 minus the Dow Jones Utilities. The Dow Jones Utilities are where money managers tend to hide when the S&P is in a downtrend. So, this chart is…Continue Reading →
Continuing on with the theme of artificial markets following the core FED MISTAKE of adding unconsciousable balance sheet monies, which are still in the 8.8 Trillion dollar area, and keeping interest rates low for at least a year too long….Continue Reading →
The bears are trying to change the story, to ignore causative factors and focus on results. As the chart shown yesterday indicates, the volatility of an interest rate turn occurred on 5/10/22, Now the bears are hyping recession fears, market…Continue Reading →
Selling without a Reason, that is the best way to characterize today’s market. The stocks that defined the 5/11 to 6/17 bottom, the EV, Core Tech, and Bio areas are holding. Yesterday we got a little more backing and filling,…Continue Reading →
To me, this looks like it may be a week where the stocks that called the bottom, the EV,Tech,Bio area, will slowly rise, while the action will move to heavily shorted areas where short covering will be the activity to…Continue Reading →
Following up on the direction we have been expressing since May 11, I am looking at the New Economy. The premise tahat I am working on is that the EV, Tech, Bio areas are the new leaders as the market…Continue Reading →
My contention is that what we are witnessing is an attempt to manufacture a bear market to cover a catastrophic FED Error. I think this is where Things get sorted out. To me it looks like a broad working market…Continue Reading →
Which Brand of artificiality do you want, the FED brand, or the Bitcoin brand. An artificial world conflicted by inequality…. The current wave of inequality started in the early 1980’s with the supply side economic theories. The Artificial world grew…Continue Reading →
Big Picture, the Future, leaving OIL and moving into Solar and Tech. A little patience worked on the turn, and the future is untapped. Here is the USOIL vs SMH ETF relationship. SMH is the semi-conductor ETF that is part…Continue Reading →