Does Putin Change Anything?
I am taking the position that the main thing Putin adds to the mix is a little more volatility. What I said in last Friday’s blog holds for now. But in a Deeper Sense.. This could be Putin’s Swan Song….Continue Reading →
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Market is Fearful
After a month’s posturing the market is taking on some fear, that is probably good. One thing is obvious, media is taking up the negative side of the equation. That leads to more of the 4371 to 4517 S&P trading…Continue Reading →
A Trading Day Setup
with update at 9:35 AM CST Inventory Report, see below. Defensive Market… The market seems a little defensive this morning in early trade, like no one knows what to do. 4517 is key S&P number today, 4662 is looming. Market…Continue Reading →
Big Story, Today
The big story remains, “where is the Funny Money now?” This comparison will go on until one of two things happen: real interest rates go to 2.5 % (the average for maybe the past 1000 years) which with todays inflation…Continue Reading →
Paralyzed Market
This morning I see a market faceoff between the Liquidity Bulls and the Media (Ukraine-Interest Rate) Bears. History says, don’t sell a quiet market. Does that mean you should be a buyer? Watch closely. My take, sometime in the next…Continue Reading →
Sunday Afternoon..
Probably an eventful week will start from here, just survive the Super Bowl and hope you bet well. I hate to admit this, but it took me some 18 months to come to grips with what was going on with…Continue Reading →
Unravelling the FED mistake
We got the expected big inflation number yesterday. Probably good to consider the following: 4.0 Trillion dollars of FED Balance Sheet caused the inflation. We know the only way to stop inflation will cause a crash. 1.0 raise in FED…Continue Reading →
Exited Short Hedges
Early this morning, the 3X Short SQQQ ETF. Update at 1:00 PMCST SPX 4662.7 remains the critical level. That is the low of the high week, a close over that puts the market back in the Funny Money Bubble. Market…Continue Reading →
Inflation is not Powell’s main Concern..
He is more concerned that if he does really do something meaningful with his mistake on the quantity and extent of the stimulus he will replace Hoover as the worst depression villain of all time. The recent push by market…Continue Reading →
Getting Set for a Hot CPI
Tuesday, still awaiting Thursday’s CPI numbers which should be scary, but we all know that. How does one stage out of this area? We start with the fact that the FED is reluctant to do anything aggressive, like a 0.75…Continue Reading →