Liquidity vs. Oil
Today’s CPI number was even worse than the number crunchers expected. So how does one react? First, I don’t do anything quickly, have to look at all the numbers / relationships. So here at 10:50 AM CDT is my take…Continue Reading →
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Oil Top…
The indicator that I use to see the underlying dynamics of the oil related economy, the semi-conductor ETF SMH versus the Oil ETF OIL is showing signs of flipping at 10:30 AM CDT today.
Oil is Hanging On
A little update here, I am holding on to my 20 percent oil position, but I do have to admit that the premise is being tested. I recognize that the crowd that built the stock bubble in 2021 is behing…Continue Reading →
Consumer Transition
The thing we have been talking about over the past six weeks is falling into place. The consumer is going to get more practical as economic forces come into play. They are going to buy less junk and invest in…Continue Reading →
No One Knows..
No one know what’s next.. 3.5 % interest rates are not the end of the world, historically it is as close to normal that one can find. Multiple supply shocks do exist, but two things can help, build it at…Continue Reading →
Oil Warning Last Night..
Crude oil had a big decline overnight, but the big guys who are long pushed it back up in early trading today. I would not be surprised to the hammer come down on them now. The regular markets, especially tbe…Continue Reading →
Moving into short oil..
Today we have been buying the 2X Short ETF SCO, there are signs this move is getting a bit old in the teeth. In the meantime, letting all the trades put on a few weeks ago before the rally digest….Continue Reading →
It’s this Simple
The roots of the roots that started growing last week are all about the Green Economy.
Seeing Bubbles
This was my tweet a couple of minutes ago. It kind of tries to make fun of how I down deep feel about all that has gone on for at least the last three years, if not the last 11…Continue Reading →
OK
Here is a little update at 1:00 PM CDT. I am not treating today’s market action as a bounce but more as the start of something. As such the positions that we have been building over the past few weeks…Continue Reading →