Powell’s Viewpoint.. We don’t think he has changed his real posture. There is no way to know for sure, but it would appear probable there is some bad stuff brewing in the macro data that will be seen over the…Continue Reading →
The S&P seems to be languishing in that 2570 to 2620 trading area where the so called smart money is supposedly buying in anticipation of an upside breakout soon. The name Smart is in this case synonymous with fat cat…Continue Reading →
Yesterday the hotshots got the news that Government tax cut Financed stock buybacks by corporations will show up over the next few weeks. The Rebounds… This pushed the market back up to the 2689 S&P swing point late yesterday and…Continue Reading →
It will be much worse, this market will have to deal with the effects of the arrogance of Bernanke, Trump, McConnell, and Ryan before it finds stability. That will be take much more than a 33% decline. !987 was just…Continue Reading →
Everyone around the world seems to be wringing their hands over what the Donald is doing. You can probably relax. People like him have the combination of ego and ignorance to do themselves in. The world is coming to realize…Continue Reading →
If I had not been born on this day in 1943, I might have had a different title today, maybe “Waiting for the Accident”, as the current political scene seems to be setting up for something, although not today as…Continue Reading →
Yesterday’s comments lay out the factors. In what has been an inside week in the stock market, we should see a bout of euphoria which will set up an opportunity day for those looking at this Friday action as an…Continue Reading →
The Overall Situation As we watch this coming week unfold probably the most important thing for 98 percent of investors is to rethink buy and hold which has worked for the past nine years. While I know that the party…Continue Reading →
Rates Rise on Fed Minutes Yesterday we saw the five pillars of the Macro market on which we key, Stocks, Bonds, Gold, Commodities(Oil) and Currencies, and all reacted in perfect unison to the interest rate story, all were down except…Continue Reading →
The Stock Market is following all the technical cues, so rare that it is scary. Overnight the S&P completed its projected bounce from last weeks lows , and has reached our outside target of 2716. A Major Stock Market Decline…Continue Reading →