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…
Posts tagged as “S&P500”
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…
1130 UTC I’m back in town after spending almost two weeks on the road for which I shall spin some supply chain sorrow later on,…
Last night the Academy Awards were held in the land of fruits and nuts and when all is said and done nobody will care because…
If you thought Thursday and Friday of last week were bad days for the market, well, today was much, much worse. Breadth fell apart, volume…
Hopium springs eternal. Are you reelin’ in the years, Stowin’ away the time And the reason they are called the classics is because the music,…