Wrapping Up
The Long Bull Market is showing signs of fatigue and is wrapping up most of its intrigue. Our posts of December 2 and December 6 will probably stand as a fitting long term take on where things were and are….Continue Reading →
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Reversion to Mean
My current view on the markets is grounded on years of research, going back more than 50 years and much of it based around development of trading programs created by Artificial Intelligence work. This was in the 1980’s and 1990’s…Continue Reading →
Love / Hate Trade Breaking Out
Today we are seeing what appears in early trade as a confirmation that one of our favorite trade ideas is breaking out…. This is the SHORT FANGS, LONG DOLLAR AND GOLD trade. See chart here: Further thoughts at midday.. The…Continue Reading →
Scrambling on the Edge
This is a bit like late February 2020, before we knew about Covid, and stocks were overpriced, when the Longs were fighting each other on the edge of a cliff. Many markets are reflecting a deep confusion, and some rightly…Continue Reading →
Signal Loss
After ten years of artificial markets based on artificial economics signaled by Fed Chair Ben Bernanke in the Fall of 2011 with QE2, the markets don’t have a real solid direction. Recent market action, especially over the past few days…Continue Reading →
The People are Not Stupid..
Todays Consumer Confidence report showed again, the people are not buying the happy talk that Wall Street is throwing out. Yes the government has provided lots of cash over the past 18 months, but money velocity figures show that people…Continue Reading →
The Market is Doing some Deep Work.
Here are some thoughts at the moment: The market got a surprise last week and an inner bubble was burst, however the market now has to do more work, rotation, if you will, before the Macro Bubble Implodes. We will…Continue Reading →
This is Just the Start
Big words are in focus, Bubble, Vacuum, Covid, Crash. This may take time or not, but it will happen.
It’s Vacuum Time
As of last Friday the market has entered into what I call Vacuum Time. This is the time when market technicals are at a crossroads. A time when a Macro High or Macro Low makes an extreme turn and then…Continue Reading →
Things keep unraveling within the bubble..
I doubt forecasting is relevant at this point. The FED liquidity runup, April 2020 to October 2020 was what it was. The Biden “Build back Better” balloon since is history. From here watch for an Event that creates a Buyer…Continue Reading →