Greatest economy ever according to the presidential talking points, new market highs in July, free money just around the corner with every central bank looking to cut rates because greatest economy ever. […]
Small Craps
Tech Oddity
Tech making new highs again in July as markets are anticipating rate cuts from the Fed later in the month. It’s still early in the earning season, but about to get heavy […]
Battle for Control
Markets are engaged in a clear battle for control: An active Fed eager to extend the business cycle using asset price inflation as its primary means to generate further debt financed growth […]
To the Stars
Every once in a while, especially at market extremes, it’s good to take a stake of the bigger picture. Now that the market, highly encouraged by the Fed, has baked in a […]
The Choice
Investors have a choice to make. Take the blue pill and believe whatever you want to believe. You may choose to believe that markets never go down, but for a brief moment […]
Fragile
I’m probably one of the few remaining people left raising red flags, but hey, I see what I see and some of it I share and what I see is a fragile […]
Caution: Weak
$DJIA 27,000, $SPX 3,000, so the headlines and the president celebrate. Don’t let the headlines distract you, look under the hood. This rally is technically weak, it’s as weak as the reason […]
Nobody Rings a Bell
It may be a good time to remind everyone of an old market adage: Nobody will ring a bell when market cycles end. There won’t be a grand announcement that a top […]
Wedges, Flags and Gaps
Well, at least it’s all out in the open now. Nobody even bothers about growth or earning anymore (at least for now). It’s all about the Fed, markets by central committee. Don’t […]
Distortion
This week we entered the Sell Zone as I called it last weekend. Overnight today $ES hit nearly 3004 and is currently 23 handles lower on the news that the latest NFP […]
Sell Zone
On Mount Everest the Death Zone is the altitude above 8,000 meters above which climbers cannot survive for an extended period of time without oxygen (speak: artificial help). In the Death Zone […]
To Be Or Not
Markets are faced with another gap event, the G20 meeting this weekend, specifically any outcome from the renewed Xi/Trump trade talks on Saturday. To be, or not? Will they, won’t they? Progress, […]
