with update at 9:35 AM CST Inventory Report, see below. Defensive Market… The market seems a little defensive this morning in early trade, like no one knows what to do. 4517 is key S&P number today, 4662 is looming. Market…Continue Reading →
The big story remains, “where is the Funny Money now?” This comparison will go on until one of two things happen: real interest rates go to 2.5 % (the average for maybe the past 1000 years) which with todays inflation…Continue Reading →
This morning I see a market faceoff between the Liquidity Bulls and the Media (Ukraine-Interest Rate) Bears. History says, don’t sell a quiet market. Does that mean you should be a buyer? Watch closely. My take, sometime in the next…Continue Reading →
Probably an eventful week will start from here, just survive the Super Bowl and hope you bet well. I hate to admit this, but it took me some 18 months to come to grips with what was going on with…Continue Reading →
We got the expected big inflation number yesterday. Probably good to consider the following: 4.0 Trillion dollars of FED Balance Sheet caused the inflation. We know the only way to stop inflation will cause a crash. 1.0 raise in FED…Continue Reading →
Early this morning, the 3X Short SQQQ ETF. Update at 1:00 PMCST SPX 4662.7 remains the critical level. That is the low of the high week, a close over that puts the market back in the Funny Money Bubble. Market…Continue Reading →
He is more concerned that if he does really do something meaningful with his mistake on the quantity and extent of the stimulus he will replace Hoover as the worst depression villain of all time. The recent push by market…Continue Reading →
Tuesday, still awaiting Thursday’s CPI numbers which should be scary, but we all know that. How does one stage out of this area? We start with the fact that the FED is reluctant to do anything aggressive, like a 0.75…Continue Reading →
First a comment on the coming week. All eyes will be on the inflation reports later in the week. Those reports combined with what we see in the constant refrain from mainstream media on the coming 5 or 7 interest…Continue Reading →
with post employment number update at 10:00 CST With the SPX run-up this week moving into the 4550-4650 resistance area, we will be watching closely how it acts here. If the SPX does not breach the 4662 level on a…Continue Reading →