Bull and bear are entering the Thunderdome in September and October and only one will emerge victoriously. Both have 5 known developments to contend with inside the dome: The Fed, the ECB, […]
ThunderDome
Trigger Warning
Every single dip was bought this week in anticipation of the Jay Powell speech and every technical signal was again ignored until it was too late when the triggers suddenly hit in […]
CONfidence
Markets are subject to a giant con game. The game of CONfidence. Confidence must be maintained under all circumstances or we’re heading into a global recession first and then a US recession […]
The Theme
In this weekend’s market update I want highlight a few observations that crystalize a theme that has emerged in this market: It keeps repeating key structures and patterns as it’s fighting a […]
Hitting the Wall
Are we hitting the wall here? Markets. Economy. Technicals. Valuations. All appear at a key crossroads here. Last week’s 3% pullback, while in itself not seemingly dramatic, came at a very key […]
End Game
Well, here we are. All roads have led to here. The combustion case outlined in April, the technical target zone outlined in January of 2018. Trade wars, 20% correction in between, Fed […]
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 […]
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 […]
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 […]
Free Money Socialism
In lieu of my weekly technical update this opinion piece instead: The free money whores are back again. Harsh? Perhaps. Untrue? Not really. As I’ve stated before our market system is broken, […]
Fed Games
Clever markets. Many index charts have camped themselves inside tight key price zones ahead of the Fed meeting this coming week leaving potential for important breakouts or equally important breakdowns. The trigger […]
Rescued
Unemployment at 50 year lows, S&P 500 near all time human history highs and rate cuts are all the rage. Markets were screaming rate cuts and the Fed dutifully complied, first Bullard, […]
