Fed meeting is likely to result in a quarter point hike in rates tomorrow afternoon. The only Big market mover (at least from our 5:30 AM vantage point) is that the Labor JOLTS report will drop at 10 AM Eastern. Set an alarm and click over to see the Job Openings and Labor Turnover Survey … Read More
Ure lost $49 in the stock market Thursday. Which, as I will explain, was a very good thing. This is a primo example of one of our Trading Laws discussed Thursday. The one that warned: Don’t hold a loss. Not even for an hour. Sure enough, I went into a trade which, it turned out, wasn’t a bad call, per … Read More
Turbo Thursday begins with another “Kiss and Collapse” ponder. This is ALL about making money, so listen up. You see, there is some axiomatic thinking that many people “playing stocks” just never seem to figure out. Not surprisingly, even with help, their “returns” are often in the range of annual inflation. Some simple ideas that have … Read More
Past global wars have never to such an extend, relied on the continued construction and operation of foreign assets. As tensions continue to increase worldwide, but most noticeably in Ukraine and Taiwan, we can appreciate the changing role of “foreign assets.” Today, we use our thought frameworks to look ahead to the coming few months … Read More
Posted earlier than normal due to Housing update due (a Bulldog edition) Technical Tuesday around here is usually the “after action” analysis of my latest day trading frenzy. To save the asking, yes, I made some lunch money on that short position taken near the close Friday. Was it George Peppard, “the Colonel” (a/k/a Hannibal … Read More
Money Monday, and we will see in coming hours if my going short into the close of stocks Friday will be a hit or a miss. Small wager only – no point bleeding out before The End. Likely the most interesting part of this morning’s column is towards the end. In the Around the Ranch (ATR) … Read More
Money Monday offers a choice of economic wars to focus on. We’ll toss out the easy ones first. Commie-fornia – the People’s Republik as it’s been called – is now featuring a new quite disgusting pander to Mob Rule. (It’s what communist insurgencies do, after all.) See, at the heart of anti-American socialist engineering is … Read More
My consigliere – a wizened tax attorney – is more than slightly savvy on Money. He was projecting an “economic showdown with China” as early as 1979. And here we are… So, when he called to talk about the “hollow money” problem – we both (being students of Long Wave Economics – knew exactly what … Read More
Consumer prices are just out and we’ll hit that first. But then some perspective on the future impacts of Inflation and how it will change our world. Mighty useful when making strategic life decisions. Because you can increase your odds of “making good financial calls” by picking the right assets to be heavy in, well … Read More
China has been building relationships while the U.S. relies on “positional power.” Which, in an age of changing resources, amounts to resting on our laurels while a challenger moves ahead. At once, we have three (or more) potential war fronts along with a fall from grace for the U.S. dollar. In our effort to handicap … Read More
Ure has turned over a new leaf: shorter reports. Just not today. Job Cuts First Second horse pick in the weekly financial trifecta: Challenger Job Cuts: “Job Cuts Rise 15% in March 2023, Up 319% from Same Month Last Year, Highest Q1 Since 2020 | Challenger, Gray & Christmas, Inc. (challengergray.com) Which then continues with … Read More
Scrying Future ain’t easy work. Some fellows use language shifts on social media streams, others refer to oddly Greek-named computers, More press sound effects buttons on TV. And, sure enough, as you’d expect (since much of the future comes down to close – nearly 50-50 chances anyway) everyone will either be right. Or, have a ready … Read More
Let’s face it, were it not for Trump’s planned arraignment tomorrow, most of the news media could shut down for a week and no one would be the wiser. Even with an arraignment, this will likely be a “slow roller” because Donald Trump may delay his jury trial for a YEAR despite showing up for an … Read More