I trust you all had a good and safe holiday season. Before I’m handicapping the 2022 market casino with its head and tailwinds I want to document some key market truths that […]

Investors are ignoring 2 big elephants in the room. While we see yet again a positive reaction to the latest Fed meeting with new all time highs in the $ES futures contract […]

“Sometimes I wonder if the world is being run by smart people who are putting us on or by imbeciles who really mean it” – Laurence Peter After months and months of […]

Bears are crying as markets are again making new highs following the September trend breaks. Yet perhaps they should be rejoicing for crying bears and a backtest of a broken trend is […]

As markets have continued the non stop levitation to new highs they become ever more untethered from basic market history and I want to highlight one interesting example. But first for context: […]

Things are coming to a head. Things are changing rapidly if you pay close attention. As you know I’ve been hammering on the Fed for overdoing it on the liquidity front causing […]

Following all time highs last week markets actually also got to within an inch of a complete breakdown. Again. And again they were saved in the nick of time with the predictable […]

Technology has evolved exponentially in the last 100 years and in this sense we live in extraordinary times. We all are participants in this amazing journey that requires us to adapt constantly […]

Last week in “Crushed” we talked about a coming volatility spike and sure enough $VIX spiked to over 20 from the 15 handle in a matter of days only to be crushed […]

So they crushed the $VIX again as volatility has entirely disappeared and the never ending rally keeps on ticking high relentlessly. Welcome to every big rally in recent years that all ended […]