Second Front and Inflation Week

Although the market has put on something of a rally for the early slog today, don’t hold your breath for the rest of the week.  Things could turn brutal as early as Tuesday when economic reports begin to drop. The granddaddy of them all is the CPI Thursday.  Despite the Siren song of Modern Monetary … Read More

ShopTalk Sunday: Free Electronics Course (Part 2)

The Radio Detective is in for the summer heat.  We’re in the a/c bubble until after Labor Day, so why not? Last Sunday we introduced the newcomer to electronics. We elected to repair a simple vacuum tube voltmeter (VTVM) because there are no tuned circuits as you’d find in a radio.  A couple of tubes, a … Read More

Roughing Out Collapse

The market decline this week may have marked the end of Wave II.  Which would be, in Elliott Wave counts and trend channels be the rally lasting about 192 days from 2022 lows.  Which was preceded by Wave 1 down from November 8, 2021. Today, we consider our ChartPack and wonder how far down we … Read More

JWW Friday: Jobs, Weather, War

ho was it, just the other day, told me they’d finished Jared Diamond’s book Guns, Germs, and Steel: The Fates of Human Societies (20th Anniversary Edition).  They remarked it seemed a bit wordy.  “He said things that could have been 10-words or less, in a hundred…” Since I’m still carving out time to finish editing The … Read More

Jobs: Cuts & Claims – Requiem for Wave II

I’ve always found eating a couple of times a day a useful endeavor.  And what helps buy the bread is dough and that means a job.  So, yeah, jobs are changing around a bit. For example, in the JOLTS report this week, we learned that people who held onto their jobs got about a 6.2 … Read More

Spamming the Afterlife

“You can’t take it with you” is a common saying as old age and Death approach late in Life.  But, economics argues that might not be the case. What seems more likely is that there is something we take and we propose that special “something” is what becomes our “currency” in (or if) there’s an … Read More

Market Annual High Dates in Data

Early futures were pointing to a downer at the open this morning.  Not a major “falling out of bed” but after that pop up into the close Monday, a rebalancing before the jobs data (ADP) starts to pop tomorrow. Over the Shoulder:  In Monday’s column, we called it “Week on Rails” and said “…we would … Read More