That is all one can say at this point. Things are rolling around in the bubble as this pattern continues. So the moment will come when the bubble is pierced. What does one need to know? Most important is that…Continue Reading →
Today’s employment is history. My view is that the Next Depression has already started, look to West Virginia and Kentucky, thanks to Joe Manchin’s approach to jobs bill, and Rand Paul’s efforts toward vaccine hesitancy. Anyone thinking there is a…Continue Reading →
Lets see what the reaction to the employment numbers are tomorrow. There are expectations and then there are expectations. The overall activity index remains stalled out and there is not enough volume to allow the big traders to exit. I…Continue Reading →
The Dollar is higher. Everything else is clawing to hold on to AIR. Kind of like suffocating.
What we have discussed over the past few weeks continues. The overall cash available to push around markets has plateaued. Money has been moving around for no fundamental reason. There has been no reason for Tech stocks to rally over…Continue Reading →
What I see is a faltering Reopening story, and all the happy talk about strong corporate earnings for the last half of the year may be suspect. Here are both a daily and hourly version of the macro liquidity chart…Continue Reading →
It is the end of the week, lets look at the hourly version of the chart I sent out the past two days, the daily and weekly versions. The hourly is what I watch when I see a trigger developing….Continue Reading →
Today we will show the same 10 asset bubble picture as yesterday but go back in time in order to allow a review of how we got here, and more importantly why this is the end of the story. First,…Continue Reading →
In short, there no longer are any Growth or Value Stocks, there are only Liquidity Priced Stocks, the price is everything, nothing is tied to it. Growth is being siphoned off as money flows into Speculation and Value has no…Continue Reading →
Today we are adding a little more detail to the picture in order to see a broad Macro confirmation pattern finalize. This chart includes 10 asset factors, all indexed to 1.00 on February 24, 2021, which is the date that…Continue Reading →