The FED minutes presented some difficult numbers for the market to digest Wednesday. First, the 95 Billion monthly reduction of the Balance Sheet is in the zone of serious action, So, maybe it is the fact that the number is…Continue Reading →
This analysis builds on our previous “A Contrarian 2022 View” published a week or two ago and includes analysis built around the Mauldin piece published last Saturday. First, here is the background setup for the earlier analysis in “A Contrarian…Continue Reading →
As outlined Friday, a trading range going into next week’s FED meeting is being exploited, the Feb 2 highs and Feb 14 lows are the goal posts. SPX 4595-4364, NDX 14119-15196. SPX swing-point 4480, NDX swing-point 14657.
Occaionally, when topics are covered that I deem to be of high value, I post John Mauldin’s weekly newsletter. Here is the one from this morning. It is primarily about the various yield curve interpretations out there at the moment…Continue Reading →
For two years market players did not have to make a decision. Stocks always went up interest rates were always low. Now, today, no one knows what is next, even the FED, that is why flexibility is number one, watch…Continue Reading →
Continuing on with yesterday’s Flexibility theme and our post of last week outlining a potential move in the markets coming up, I am taking the flexibility position to a possible extreme with a short position in SPX and NDX this…Continue Reading →
That is the key word this week. While we see the potential for higher markets, see our post from last week on the Big Picture, the SPX market is touching a level, 4550 that may provide a little resistance as…Continue Reading →
March 24, 2022 What we are talking about here is a Fed that is trying to deal with an embedded structural inflation that is the result of 40+ years of voodo economics. These are the compounding effects of supply side…Continue Reading →
In a final wave bull market in stocks. In spite of the the last seven days actton, this was a good digestion day after the bottom confirmation last week and the rally close over SPX 4444 on Friday. Now the…Continue Reading →
Powell’s speech today illustrates why he is in the bind that he finds himself. He has been looking at the inflation problem as a short-term problem, we all have heard the infamous “transitory issue” phrase. Where he has missed the…Continue Reading →