Start time: 03:25 AM Ure is up early because the scent of Money is in the air. Too early to be certain, so were glued to the “events horizon.” (news flows) Big Money on the short side of the market may arrive shortly because of where we are in long wave economics. “Where’s that?” Retail … Read More
Two remarkable events are tabled this morning. Our BrainAmp spreadsheet projected Wave 2 Fibonacci high was hit at Tuesday’s close (within a point). And in the other, we are increasingly concerned that non-banker socioeconomic tools are wresting control of our economic future away from those entrusted to manage it. Pretty serious stuff. Plus, we’ll look … Read More
Park the Bull Market Talk. We don’t mean to be critical of the me-too press, but… Yeah, this morning a few hard facts the cheerleader pom-pom media didn’t bother to emphasize while driving the market higher this week. This being the middle of summer sweats around here, we’re keeping our focus on the Charts and … Read More
On the surface, today is starting off as another ho-hum. But, when we look beneath the surface, there are some Big Important Moving Parts creaking into place. Fed Consumer Spending+ We detest the Fed’s lack of “data candor.” A familiar example began when St. Greenspan decided to hide the broadest measure of Money Stocks – … Read More
Yeah – we need to piss test Wall Street. And the NYC Media Moguls. A rally based on what, Friday, for crying out loud? America deserves full disclosure of who’s getting what money (perks and comps) for doing such a horrible spin on the economy and blowing the stock market skyward with smoke and hype. … Read More
Two snips of Jobs Data ahead of the “Offishall” numbers tomorrow. ADP Job creation report? Still strong-ish but pay’s going up. ROSELAND, N.J. – June 1, 2023 – Private sector employment increased by 278,000 jobs in May and annual pay was up 6.5 percent year-over-year, according to the May ADP® National Employment Report. To us, … Read More
Party Before Work, we believe. So before jumping brain-first into the news flow, it’s focus on the fun that we (supposedly) buy with all our hard work in Life: Pre-Hol(iday) Tasking Memo is a simple concept. We are 3 1/2-days out (no one will really work after lunch on a holiday weekend Friday, right?) from … Read More
As we forecast Thursday (not as advice, only for entertainment) the Markets slammed higher Thursday as the May monthly index options matured. Today, action could be interesting as equities settle, What we face, with the “filling” of a major “Trading Box” is the problem – in long wave economic terms – “What’s next?” I’ll walk … Read More
Our main focus today is on the balance of this month and into next from an economics and charts perspective. Because there is a split – quite obvious when you read financial headlines. One faction is expecting “recession avoidance” because of the big, powerful, American economy. The other still sees dead banks walking as the … Read More
We won’t say the Market is being manipulated, but we will note the official read of today’s CPI numbers was: CPI for all items rises 0.4% in April; shelter, used cars and trucks, and gasoline up Typical hype in the face of Reality by corporate-own mouthpiece media? Inflation: Consumer prices in April rise at slowest … Read More
Life marches on – and with it, me – off to get an updated eye prescription. So we will try to remain “focused” for a change. (Argh!) First item on the list is the National Federation of Independent Business report looking at forward conditions: Yes, they’re coming. But, no, not yet… Owners expecting better business … Read More
We have a number of important items on our “news budget” this week. Beginning with a virtual turkey in financial markets while the masses try to figure out what the Future holds. Apparently, it may not hold Joe Biden. NEW POLL: Trump Leading Biden By 7 Points in 2024 Race (mediaite.com). The reason for “show … Read More
Stock futures were pointing to another down opening to markets. In the wake of the Fed hike Wednesday to the highest level in 16-years. Naturally, loving free dough, we snagged a little “lunch money” in the deal, but (I know this will sound odd) there’s no real pleasure to making a few bucks on a … Read More