Employment Unchanged — Market to Drift Lower

As I have been telling you, the major story this week for markets has been the jobs reports. The ADP report out Wednesday didn’t look too bad. But the Challenger job cuts report out Thursday was a little less optimistic, showing cuts had rebounded, some. So this morning, we get right to the Department of … Read More

As I Was Saying…Markets to Drift Lower, Social Mediots

With the Federal Reserve rolling in M1 (which is being puffed up at a nearly 12% annual rate presently) it seems odd that I would tell you in the May 6 column that “Markets to Drift Lower.” Yet, on May 6th, the S&P 500 closed at 2,057 and change. Yesterday’s close was at 2,047 and … Read More

Charter Boat Markets & Screw Monday

Living for a decade (and some) on a sailboat, you develop a way of “seeing the Outer to understand the Inner.”  As it is again, today.  This particular insight has to do with charter fishing boats – which explains everything in Finance, if you have the patience to watch long enough. Today’s saga began as I … Read More

Magic Monday, Manic Markets, Ham Radio Notes

“OK, what’s so “magical” about Monday.  Did you miss the they suck memo?” Heavens no.  But over the weekend, if you were paying attention, the fairy dust of modern media fell on Switzerland.  How so? Swiss Voters Back Higher Pensions, Reject Working Longer. See how it works?  As the world becomes addicted to Free Lunch (inflationomics) the … Read More

QuadWitching for an Insane Market

Just how crazy – out of its flipping mind – is the Market? My first calculation today demonstrates this to a tee. We take the close last Friday in our meta index (the Peoplenomics Aggregate Index) which is based on the silly notion that at any one moment there is only so much money in the world.  After that, … Read More

Grand Theft Markets, Job Roll Begins

Reader Note:  I made a couple of changes to the site you may notice, depending on caffeine loading. The first is the home page is now two columns (except on phones) so you can scan what’s going on more quickly.  The other change is to underline links in our content, so it’s (more) clear you’re … Read More

Housing Data Up as Market “Walks the Line”

Monday on a Tuesday – cool invention!  Is this a great country, or what? Because of the “breaking” natures of events, the submarine search is better handled by outfits like Sky News. Housing Vs. Interest Rates Just dropped by the FedGov is today’s report on Housing Starts. What gets to be the “interesting calculus going … Read More

Moronic Hype-a-Roni and a Market Treasure Map

The big news around isn’t markets set for a “dead cat bounce” today.  Instead, it’s the return of Mr. Ure’s tractor to 100% with the stump-jumper back in place. I’ve sworn-off fits of day-trading until several major projects around here are done.  Hard to do ranch improvement and build-outs (like decks and new rooms) when … Read More

Powell’s Tightrope – Markets Kissing Death?

Necklines and Slashers for Halloween breakfast.  Not normally the kind of article we’d put out on the non-subscriber site, but since we won’t be doing a subscriber column until Saturday, we need to talk.  Now. Wednesday, the market did the expected (though we wished they’d been more foresightful) and lowered their rate a quarter point. … Read More

Will Markets Face a “Shutdown Discontinuity”?

Those of us who like to follow long wave economics (not exactly a normal pastime) tend to look at “the news” trying to place it in some kind of historical framework in order to use it as guidance as to what MIGHT be coming along next. For some reason, I awoke today with the notion … Read More

Markets: And Down We Go?

It is too early in the day to offer an “I told you so…” BUT I did and it’s not to early to remind you of our outlook for the markets to pick up speed to the downside in coming weeks. Today is the first  “hot day” I mentioned  back on October 26th. The next … Read More

Markets: A 10-year Rally then “Double-Top?”

My old, dog-eared copy of Technical Analysis has been one of my better friends in trying to understand the market.  And one of the most interesting of stock pattern formations is something called the “Double-Top.” To save time (and because its summer and I’m lazy and this ain’t Peoplenomics), here’s the short-version of it from … Read More

Office Pools on the Date of the Coming Market High

We have several dates for a Market High we are tracking – and the differences in what drives the dates are absolutely fascinating to think about. Why worry about a market high? Even some of today’s youngest workers are in the market, whether they know it, or not, through their 401-K or retirement programs at … Read More