Tough Balloon
Have you ever tried to pop a balloon and all it does is resist the pressure? So it is sometimes tough, but Yes, somebody has to take the opposite side of the story. What if bond yields are declining because…Continue Reading →
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Peak Euphoria
The Hot Inflation numbers today are unleashing an exuberance that is crossing all barriers. Stocks, commodities, and Bonds are having a good week. Only Gold is a laggard. The stock market has held in nosebleed territory for so long, since…Continue Reading →
Psychology of a TOP
There is a lot to review at this time. Since May 10, 2021 the markets have been in what I call a “mess“. During this time we have seen two big events. The ascendancy of MEME stocks. And secondly the…Continue Reading →
It is Messy at the Top
Many of the stock indexes that we follow topped on May 10. And in our May 13 Post we outlined the 31 day roll over period. That pattern is still in play. Tipping Point.. It is becoming more and more…Continue Reading →
The Top Mentality
As all of this investment game started going off the rocks in August 2020, I asked myself, how will this end, obviously this is all out of control. So here we are now, 10 months later, to me getting even…Continue Reading →
Interest Rates Now in Control
Since election day we have seen markets, stock, commodities, gold, bitcoin, you name it, keying on stimulus, and getting out over their ski’s. Now in my opinion, the price will be paid, market interest rates, ie, the ten year bond…Continue Reading →
Repeating…
Repeating from yesterday.. First Number – As I keep saying, there is no question that the real economy, the Main Street Economy, is still in improvement mode and will take on the eventual infrastructure buildout. Second Number – On the other hand,…Continue Reading →
May 10 Highs are in Focus
Most of the indices that we follow made their highs on May 10, 2021. This week we have seen players attempt at taking out those highs, but so far these levels stand as the high water mark. As such we…Continue Reading →
Leverage/Risk Increasing
We are now in a construct where apparently leverage is increasing at an economic high, money is holding in stocks, declining in commodities and is being increased in bonds and Gold. The net effect, an overall new high of dollar…Continue Reading →
Why is the FED so Vocal
Yesterday we all saw the FED speakers go out of their way to say that inflation is transitory. The next two days should be the test of the key High day, May 10, on many indices. That is the day…Continue Reading →