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 →
With Friday’s SPX close over 4444, the market is poised to move higher albeit within an atmosphere with a lot of crosscurrents. Maybe four things stand out, 1) Ukraine, 2) Inflation numbers, 3) Economic Activity, 4) FED messaging. First Ukraine…..Continue Reading →