Forecast for Big Volatility Day today
The market is back up overnight to the resistance area. Today is forecast to be a big volatility day. Should be a hard down by the close.
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Opposite Points on the Way Down
The Key Factor now is the Whitehouse’s Gross Mismanagement of the Pandemic Crisis What should have happened and what will now happen late are.. Nothing short of a National lockdown of the general population Complete diagnostic testing of all people…Continue Reading →
Special Panic Review # 2
Let Them Fail For all of you that have followed me over the years, you know that I agree pretty much with the views of Palihapitiya. by Tyler Durden Thu, 04/09/2020 – 20:20 TwitterFacebookRedditEmailPrint With millions of Americans sitting at…Continue Reading →
Special Panic Review
The 4/9/20 Monetary Panic This was for a personal forum in Facebook last Thursday. I rarely make a comment like this on the stock markets, 50 years in the business educates one to not make public statements, but today is…Continue Reading →
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.
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 →