The FED is in Panic Mode
It is interesting that the S&P sell cluster area completes today. When this all ends, 1929 will only be a footnote to the carnage that Mnuchin and Powell set up by unconsciousable market manipulation.
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An added thought for today
Social distancing is working at the moment, things are looking better. The S&P bounce today back up to yesterday’s highs seem to be based on that fact. Key issue is to watch. Let’s see if Trump and Mnuchin have the…Continue Reading →
Wealth vs Health Battle
We appear to be seeing this battle ramp up today. The S&P market technically hit its macro rebound point yesterday and failed, closing lower. This morning we are back higher trying a retest. We have an administration that unabashedly weighs…Continue Reading →
Now Things Get Interesting
The stock market bounce that we saw yesterday and overnight is based on better virus views. The battle now that sets up is between believers that the big economic picture has changed and those that believe that we are going…Continue Reading →
Same Story, Different Day with Update at 9:35 AM CDT
The market wants to rally to the S&P 2722 to 2778 area, but has no reason, first stop on this dream is 2576. The Main Takeaway I would suggest that readers go back and look at: The March 27th post,…Continue Reading →
Biggest Take Away at the Moment
The Market is still in Disbelief One has to keep in mind that the move on the S&P from 3393 down to 2722 was just an adjustment to a manipulated over priced market. Secondly I hear analysts say that an…Continue Reading →
An Apple Close under 237.12 would be a wakeup call.
That’s all you need at this point.
This is Not a Game Anymore
The Story that has Evolved Over the past 10 years an operating strategy in investing has gained strength. That is, the market always goes higher, you don’t need to think about value. Funny money from the FED has been the…Continue Reading →
This is Going to take a Long Time
Big Picture Now that the end of quarter adjustments are behind us I think we will see things settle in. Everyone knows the economic numbers over the next six months are going to be challenging. At the moment it appears…Continue Reading →
Bounce Week with some thoughts
Early Morning Thoughts I woke up this morning thinking how precious life is and how trivial following markets is these days. Three weeks in isolation can do that I guess. But then it fits, this is a manipulated market that…Continue Reading →