Here is a second post for today, a personal comment that I sent to a reader of our blog who had a question about what to do here. The Bursting Bubble… With the bursting of the stock market bubble over…Continue Reading →
First, an Update on our S&P Hedge Program.. After the past two days market action the current open short positions are on Alert Status. Maybe a little history on this Program. This program is based on a range of economic…Continue Reading →
Trying to stay true to my contrarian roots, covered short stock positions at 9:15 this morning. S&P at 42.73, Nasdaq 100 at 13,991. All these in speculative trading accounts that use 3X leveraged ETF’s. Got out of 2/3 late Friday,…Continue Reading →
The yield curve is showing what happens when you have a FED that doesn’t address the problem, i.e., the ballooned FED Balance Sheet. The timid response of raising the FED funds rate 4 or 5 times is not going to…Continue Reading →
Some of the stock indexes hit their 200-day averages yesterday, namely the FANG and DOW indexes and we are getting a bounce. This may last for a day or two, but do not be surprised at the Market Bubble that…Continue Reading →
I know I have promised a 2022 outlook for the markets, however as I look at forecast price levels, I see such a wide range of values that I think at this point, forecast values are not important. What is…Continue Reading →
One major thought for 2022 is that stocks will generally be under pressure due to over-valuation. Added to this pressure will be the costs of transforming the economy following the pandemic plus the wholesale impact of uprooting the supply side…Continue Reading →
Part of this I posted yesterday. More has been added today. This week, Market strategists seem to be agreeing that the market has hit resistance at the November to January highs depending on the Index. What they want to do…Continue Reading →
This is a late after the close comment. Today, market strategists seem to be agreeing that the market has hit resistance at the November to January highs depending on the Index. What they want to do next is where the…Continue Reading →
There are a lot of factors coming together this month. In a sense the numbers, the FED and commentators are finally admitting that the markets are not about productivity and earnings, but solely about the Funny Money pile that commenced…Continue Reading →