In the midst of the false equity market euphoria around 10:30 a.m. Eastern time on Friday, the realization that the smart money, aka, the bond…
Posts tagged as “S&P500”
If one has followed these pages for any duration more than one year, the reader would be wise to recall that this author has a…
The sad truth about the world we live in now is that insanity is the new normal, and the old normal is now considered a…
Markets like this bring back memories. The morning started out with the “nobody got the NFP correct” including yours truly. I expected a hot number…
What in the world to I mean by an Elvis market? Yup, trapped in a range bound nightmare. Despite yesterday’s decline and the accompanying headlines…
The usual suspects have been on the bubblevisions projecting a “new new” bull market and at the same time, others pushing that the end of…
There is the absurd, as highlighted by James Cramer on CNBS: Then there is reality. There is a good chance for some wild action this…
Buckle up ladies and gents. This could be a wild one with options expiration, bank failures and rumors of bank failures, credit contracting, and a…
Welcome to B.O.H.I.C.A day ladies and gents. I have not been offering commentary on the markets because the lack of logic in posting commentary on…
So nothing crazy happened on Friday, volume was up but not that of a capitulation, internals were bad, and the stock markets exhibited some degree…
There are so many clowns on “financial news” television talking up the “Santa Rally” it almost as if they forget what is happening with interest…
So after I commented on how the Fed was going to screw everyone, I sort of vanished on my readers by having the audacity to…
Friday was fun. If you were in precious metals or cash and in your bomb shelter. The truth is that Friday’s dramatic 1,000 point Dow…
For once, Jim Cramer got something right at the start of the summer: I guess the time will come when he rants again about how…
Welcome to August ladies and gents. I hope everyone had a great summer, even though Europe is now departing for their sweaty, stinky, non-air conditioned…