We have added some further analysis following today’s close. We periodically post our Market Puzzle chart, which shows the percentage change in various indexes versus the January 26, 2018 juncture point. That was the point where Trump’s Tax and Tariff…Continue Reading →
Weekend update # 3 The NASDQ 100 is pricing in a 1.8 Trillion dollar decline in the FED Balance Sheet. If you believe that, there is a bridge for sale. Here is a chart that we have shown here before,…Continue Reading →
Weekend Update # 2 Sitting on a pile of cash while the world crashes around you… That is what i see in today’s markets. To have this perspective you have to put the Fed Balance Sheet front and center. It…Continue Reading →
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 →
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 →
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 →
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 →
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 →
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 →
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 →