We don’t usually speak grossly, but we have been telling you since not long after the July 31 high this summer that we were going down into the macro-Wave 3 Down. We also from last week were pointing with an arrow to the bottom of the ascending trend line. How we go down and through … Read More
Should be considered in light of the Case-Shiller, S&P Housing report just out: YEAR-OVER-YEAR The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported 1.0% annual change in July, up from a 0% change in the previous month. The 10- City Composite showed an increase of 0.9%, which … Read More
Plus, we also have our “After Action” report on the odd cluster of calamities that showed up here this week: power down, phones down, heavy rains…Then there’s the market which is still falling apart. Target-rich reading environment while we await Housing which will be along shortly. Calamity Pain We will have a look at the … Read More
In sections due to rather intense storms in East Texas. 3-inches of rain in gauge. Moderate wind and non-stop lightning overnight. On solar driven battery backup. Will set up the genset after first light. Early futures were about flat, which means our decision not to hold a short postion over the weekend was a good … Read More
We begin with the “Comms drill” report first. Since being an extra class ham radio guy, who has been in charge of all kinds of computery stuff over the decades, this was a real series of Crashcading Events that was both sobering and instructive. Friday’s Digital Crashcade Life changed here at 4 PM Friday afternoon. … Read More
Calling market tops is dicey at best. But we have been calling the July 31st top as “it” for over a month now. But that’s only a small part of the forecaster’s dilemma. The attending problem is “Where to from here?” Today, a deep-dive into waveforms, history, momentum dynamics, and even some high-leverage gambling notes. … Read More
Having figured out that investing can’t be done anymore, and Life is now all about Gambler’s Money Management, I haven’t particularly cared about playing this initial decline into Wave 3. “Wave 3? Want to Explain, Ure?” Let me roll out the white board, huff up some marker smell, and line out the bullet points of how … Read More
There is a reason our Peoplenomics report Wednesday focused on the light-up (into World War 3). Because the waveforms are screaming odds of a replay of 1929 are materializing before us. Consider this view of the pre-Depression Dow and our own Aggregate Index work which is a meta index more suited to widely dispersed modern markets: We … Read More
Weren’t we offering this same kind of advice back in the fall of 2008? Yes, sad to say. But if we toss in Turkey as a coming front (with Greece) there are 9-fronts open today (or is it 10?) and goods are topped up, you have plans for survival gardening as season permit and you … Read More
Strangeness is in circulation. OK, Monday’s report was just a bit long. But as feedback has come in, a useful thought or two, have become apparent. The first strange event happened at 5:31 AM today. Elaine called on the Alexa intercom (which we have in every room). “Did you want me to watch what you … Read More
Time “runs out” for “normal” in just one week’s time. At least that’s our present read on how “future arrives.” Fortune-telling is a little different than “future-telling” in that it’s “hit rate” is more impressive. As you know, fortune-telling involves sweeping generalizations which – after the fact – can be explained as a proper “seeing … Read More
We have had the same wooden backdoor on the house for all 20-some years we have been here. It was patched a couple of years ago – raccoons the guilty party then. Here lately, it’s been the possums. Once they got through the torn screens, then here comes the feral cats. It was time. So, … Read More
We are entering a critical 10-day window now. Yes, it is the economy, stupid. And despite the hype, there’s a real lack of solid growth and anything that could be sold to the marginally aware as opportunity. A few headlines, of course. But our main focus on weekends is mainly on the charts. And for … Read More