The Equation
Big Money, taking big leveraged Risk, based on FED support, and administration manipulation = Trouble.
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 →
What do I mean with that statement. Since the beginning of the year, and if you want to go back, all the way back to January 2018, there has not been a fundamental that would make you want to establish…Continue Reading →
On debt.. Longtime readers of this blog know that my approach is as much philosophical as it is economics. For me what is important at this point in the path this country has followed over the past 40 years and…Continue Reading →
A few more thoughts here to add to our earlier post today. We have seen a major technical breakout in the early trade today, but be aware that the CNBC crowd is investing most of their energy this morning into…Continue Reading →
Early trading today shows that we may be seeing the breakout from the top formation that keyed on the August 7 market action. Apple and Walmart Diversion Watch the Wall Street Diversion effort going on today with Apple and Walmart…Continue Reading →