How does this End
After eleven years of artificial markets, we all know that there is going to be a move towards normal at some point. But how does it happen. We exited all our short positions yesterday on the close as the NDX…Continue Reading →
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Trading Range Ending
This week should be the end of our current trading range mentality in SPX and NDX that has dominated since January 25th. That has been around 4360 to 4600 on SPX and 14,100 to 15,200 on NDX. I continue to…Continue Reading →
What is Going On?
The FED minutes presented some difficult numbers for the market to digest Wednesday. First, the 95 Billion monthly reduction of the Balance Sheet is in the zone of serious action, So, maybe it is the fact that the number is…Continue Reading →
A Contrarian 2022 View 2.0
This analysis builds on our previous “A Contrarian 2022 View” published a week or two ago and includes analysis built around the Mauldin piece published last Saturday. First, here is the background setup for the earlier analysis in “A Contrarian…Continue Reading →
Trading today,
As outlined Friday, a trading range going into next week’s FED meeting is being exploited, the Feb 2 highs and Feb 14 lows are the goal posts. SPX 4595-4364, NDX 14119-15196. SPX swing-point 4480, NDX swing-point 14657.
Yield Curve Discussion
Occaionally, when topics are covered that I deem to be of high value, I post John Mauldin’s weekly newsletter. Here is the one from this morning. It is primarily about the various yield curve interpretations out there at the moment…Continue Reading →
Adjusting
For two years market players did not have to make a decision. Stocks always went up interest rates were always low. Now, today, no one knows what is next, even the FED, that is why flexibility is number one, watch…Continue Reading →
Transition
Continuing on with yesterday’s Flexibility theme and our post of last week outlining a potential move in the markets coming up, I am taking the flexibility position to a possible extreme with a short position in SPX and NDX this…Continue Reading →
Flexibility
That is the key word this week. While we see the potential for higher markets, see our post from last week on the Big Picture, the SPX market is touching a level, 4550 that may provide a little resistance as…Continue Reading →
A Contrarian 2022 View
March 24, 2022 What we are talking about here is a Fed that is trying to deal with an embedded structural inflation that is the result of 40+ years of voodo economics. These are the compounding effects of supply side…Continue Reading →