I though Saint Powell the Bullmeister guaranteed that every December would be up by no less than 7%? It’s still early but last week’s disaster […]
Tag: CRASH
Today’s Stock Market Action Could be Wicked
Welcome to the holiday season ladies and gents as America’s “strongest economy ever” has more cracks in it than a Los Angeles sidewalk after 7.0 […]
Evergrande Finally Declared in Default by Fitch Ratings
Eventually everything fades to gray. This morning Fitch Ratings decided to be the brave first ratings agency to declare the obvious, that the Chinese property […]
If you are Long Stocks and See this Post You May Panic Now
For those of you who have been long time followers of my blog or old radio show, there is an age old tradition of markets […]
Stocks go Doink
This morning I said the following: The 50 DMA has to hold this week and CONgress must act quickly or this sucker is going to […]
Will Today’s Stock Markets go Oink or Doink?
The market action yesterday was what every bull fears: -High volume -Massive distribution -A month end “window dressing” turned into a curtain fire -Market internals […]
It is Not Just Stocks they Pump, It’s Fascism
Long ago, back when most of the “yutes” who now tell us old farts that investing in crypto is the way to go, that gold […]
After Monday’s Dead Cat Bounce, Equity Futures Roll Over Hard
The “rally” on Monday was impressive at times with the Nasdaq and Nasdaq 100 both posting impressive gains. There is a “but” however to yesterday’s […]
Red Friday in Markets: Start of Something Worse or?
So far this would appear today’s markets are appearing to be the start of something or nothing. It is too early to worry as the […]
Happy Black Friday! Dow Futures Down 800
Last night after consuming a Deathburger (only my old listeners and readers would get that), I went to sleep thinking that there is no way […]
Video Proof America is Descending into Idiocracy
It’s not like many of us have not been trying to warn you that the movie “Idiocracy” is not a comedy, but a documentary. Well, […]
Another Brief Market Note for 11.12.21
Just a few quick observations before I head into the office today… Gold: It needs a weekly close on volume above $1860-$1865 range to move […]
The Great Reset via Deliberate Inflation
The American people have a notoriously short memory so this one excerpt from Paul Volcker’s New York Times editorial A Little Inflation Can Be a […]
The Federal Reserve’s Blunder Has Arrived
Federal Reserve Chairman Jerome Powell’s press conference was this afternoon and without a doubt it had more tap dancing than a Rockettes’ reunion tour. The […]
It’s a Bubble Part 10: Yes, They Pop
Perhaps I must agree with this one Twitter user as this video is one of the all time great indicators of a speculative top as […]