While all eyes are on the Treasury and its actions to rescue major corporate financing problems, the dollar is providing its take on things. The rescue of junk bonds through the HYG ETF is probably the backstory. Stocks are back…Continue Reading →
Please take a look back at our March 17 post for the breakdown of macro levels on the S&P. You will note that the 3040 level on the S&P is the macro extension sell area, the high in overnight trading…Continue Reading →
In just the recent past, the January 31 to February 20 stock market move is a good example. Our current over the top period started on May 14, so with a little patience things will evolve. I am not making…Continue Reading →
The Democrats have had economic inequality on the back burner for many years and the two leading Progressives, Sanders and Warren have talked about it a lot. The Democrat leadership looks to be successful in sidelining the Progressives but the…Continue Reading →
A lot of optimistic talk at the moment on the economy coming back to normal. That is what it is, Talk. What would be Important… In a different world, hopefully in 2021, is leadership that understood that we need to…Continue Reading →
Look at what it is costing to keep the ball in the air, trillions of Government money, and it will not be enough. The paradigm is changing and again, I will repeat, COVID 19 is just a trigger, not a…Continue Reading →
Answer.. It would be nice but probably not. In a market world that is designed to be a filter not confirmation of any news, this is just the second event of many to come in terms of , medications, cures…Continue Reading →
Yesterday the market, basis the S&P, looked like it was packing up and trying to figure out where to go. The fact that the gold market is in a wait and see pattern suggests that there is no panic yet….Continue Reading →
We are talking about the Corona Virus. If you are over 60 you probably know of someone or heard of someone who contracted the disease and died. Not all of us but some of us. Poor health is a factor…Continue Reading →
Gold is about to take out Mnuchin and Powell. The stupid moves in Washington are about to play out in the manipulated stock rally picture as Gold takes over the story.