The Silence is Deafening
We have seen a big drop in the markets and it has put our Macro Algorithm in play, see chart here. Why is everyone so quiet today? What we see is a market that is sitting in a big chasm,…Continue Reading →
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Things unfolding
Another step in the August 7th Macro today. We have kind of moved out of the rally period into a more benign pondering period for market participants. The Algo chart is showing early rollover signs. Election, whether Trump market manipulation…Continue Reading →
Where the Rubber Meets the Road
It would appear that what we have been alluding to for the past week or so, once investors start looking beyond dreams and into reality, some sobering things evolve, not so much yet, but a lot more coming.
When Do We Hit the Wall ?
Point One: What we are talking about here is when the artificial money runs out, when dollars from production have to take over the task, as government runs out of bullets. We are probably closer to this point than many…Continue Reading →
Calling a Spade a Spade
A lot of nonsense is floating around. Over the weekend a Citibank economist said he could see nothing that could stop the Fed effect from pushing the market higher, like forever.. Well, I think there are two things to keep…Continue Reading →
Now Comes the Difficult Part
What i am referring to here is the upcoming and probably impossible struggle to get back to the Old Normal. That in essence is what is behind the stock market rally since late March. The market set its sights on…Continue Reading →
Watching the Clueless Adjust
Back on August 7, 2020 we outlined that the Macro Picture had changed for some reason. We cited two key factors to watch, interest rates and the political picture. We also pointed out that the data pointed to something going…Continue Reading →
Don’t lose sight of the Perspective Here..
Traders like to catch the final blow-off. Today’s situation is obvious. The market is running wild. Reality is not even on the page. See below our updated Fed Influence Algo chart with the S&P at 3470 and Nasdaq 100 at…Continue Reading →
Hugging the Trigger Line
What I am referring to is our more detailed in-house version of our Fed Influence chart that we have shown here before. What we have been seeing is a broadening trigger window with the Apex of the pattern holding. To…Continue Reading →
Macro Cycle Sell Signals are Never Easy
An important thing to keep in mind is that while the pattern around the late February sell signal was much the same as the current signal, in so many ways it was much different. The late February signal just triggered…Continue Reading →