Ukranian Wedge
Weekend Update # 1 I have to say that I am a little uncomfortable with things at the end of this week. The atrocity that has rained down on Ukraine is the most senseless thing I have seen in all…Continue Reading →
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Stalemate
Today, and maybe the condition continues until a couple of days after next week’s FED meeting, the market has entered into a state of lethargy. Stocks got crazy earlier in the week, but have bounced a bit and now are…Continue Reading →
Some Random Items
I am watching today. Market is making some nice moves, not strong enough to add positions yet. Tomorrow will provide more input with a really bad CPI report expected. The 2 yr interest rate is anticipating that number, let’s see…Continue Reading →
Bottoms are Different, with update after today’s close
We are on rally alert as of the end of the Biden speech on oil this morning. To my way of thinking, the market is still in the bubble, although it is pushing strongly on the bottom of it. In…Continue Reading →
One Problem Gone, One to Go
The two problems that I am referring to are Trump and Putin. Trump went down, now the world has to face the fact that they don’t have a Russia problem, rather they have a Putin problem. So, as we watch…Continue Reading →
Waiting for Conviction
The pall over the markets that Ukraine has projected makes a conviction of whether to be a bull or bear here rather unclear to me. Basis the S&P the broader 4200 to 4400 area continues to force the market into…Continue Reading →
Global Focus Narrowing
It is apparent that the Ukraine invasion has done more than years of diplomacy to bring the world together. It is also obvious where the problem is, Russia’s leadership, and the only group that can solve that problem is the…Continue Reading →
Sitting in a Quiet Period, with late update
Here we are at noon on Monday, February 28th. I really have little to add to my comments over the past few days. The ARKK and RIVN stocks, what I would call core tech stocks are working. I am still…Continue Reading →
3 or 4 Bubbles ??
Here we are, the last day of an eventful week. Of course, the big question is what happens in Ukraine. In doing a bit of research on the subject, I have come to the realization that the biggest battle is…Continue Reading →
What Now?
I misjudged how aggressive Putin would be. Fortunately, most of my ammo was waiting for a move above 4444 on the S&P. At the moment I am now getting a little long some individual stocks that have gotten beaten up…Continue Reading →