One of my favorite actors and comedians, John C. Riley, occasionally in the past portrayed a Dr, Steven Brule, an academic kind of character who went into great depth in explaining some kind of phenomena in great detail, and then…Continue Reading →
This is a time to preserve for economic textbooks of the future. Chart updated at 10:00 AM CDT today.
Getting a little signal bounce the past few days, much like what we saw February 28 to March 4, right before the 30 % decline. In case you missed yesterday’s blog, here is a quick link to it:
You might might want to go to our Archives, see front page directory, and re-read our comments from four years ago.
Big Money, taking big leveraged Risk, based on FED support, and administration manipulation = Trouble.
We ar seeing a frantic attempt by market players to save a market that has ended a 40 year run. Be on your toes here.
In think in my trading over the past 50 years, I too often forget how early in a market move I am situated, and can tend to miss a lot of short term trading opportunities in the process. On the…Continue Reading →
As the Macro event chart here shows, this is an evolving event. The raw numbers are having a bounce, but the smoothed trend signal vectors are headed lower. (chart updated today at early highs, S&P 3357, Nasdaq 100 11365).
One would probably do well to move totally into the psychology side analysis of the market at this point. It is rather amazing that traders and investors with all the clues being thrown out since August 7th, have not run…Continue Reading →
Basically traders still don’t get it, no doubt due to how easy it has been to be bullish with all the government assistance. So buyers are talking big today, “you just have to buy it here”, problem is they are…Continue Reading →