Excuse the long title, but oftentimes, we poor writers need to make a list when there is a lot to cover. Days like today…with a lil ADHD in the air… Now, park your sensibilities and come with me… Retail Really Matters Can’t run a country on political payoffs and war-making, can we? Just out are … Read More
Several events have reminded me recently to “write up a useable guide to reliability.” Because, with the world quickly going to hell in a Fed basket, we not only need to plan for contingencies, but contingencies on top of those! Which is why – with the Fed announcement some six hours from now (as I … Read More
Feeling a bit compulsive, are we? You bet. We are in “field position” (to toss in some sports book lingo) to really drop – and hard – before whatever the Fed decision is coming Wednesday afternoon. One thing the charts are telling us? I won’t say it – better that you should see for yourself. … Read More
Of course, the problem is always “Which way will this puppy break?” While we never offer financial advice, we do – strictly for entertainment – have an interesting point of view on markets. The first is how cyclically repeating they are when viewed in the long-term. The second is that individual indexes don’t offer as … Read More
Breaking: Mauna Loa Volcano eruption. Click here for live web cam. Updates from Hank in Hawaii in the comments section. Slam, cram, and jam the leftovers, kiddies. A four-week hustle till the Fat Dude rolls begins now. And since we went short toward the end of the abbreviated Friday trading session, the main job function today … Read More
Disaster at the docks is our urgent concern because “me-too financial media” doesn’t have Clue #1 about economics. While the government offers lots of “Offishul figgers” we like to run parallel private indicators. So this morning, a quick glance over in that direction as we spool up toward holiday madness. With less than a week … Read More
Election Day-After Limbo is a dandy time for this topic; voters have spoken and will change follow? (No) The general topic around here this week has been “How many people” are really needed in a company? There are several ways to approach the problem: Big picture, sampling of various companies by sector, and even building up … Read More
If the first Industrial Revolution was water and steam power, while the second has been electricity and network-pushed, what will NEXT look like? It’s not a silly question, at all. And since the World may fall apart based on global economic consequences of War, Sanctions, Asset-Stripped Money, and little side issues like a die-off and … Read More
Reader note: We will have a second posting at 8:20 AM CDT (or earlier) when the Case-Shiller/S&P/CoreLogic Housing data posts. Do a click-back then. “Nukes Ahoy!” We continue in awe of the parochial, corporate-controlled, lamestream media in the over-run remnants of America. While normalcy bias was running full blast – aiding and abetting the stock … Read More
A number of our readers did very well in the market action yesterday. Our own (little) account was up a shade over 3-percent, which was nice, too. But it reminded me there’s an underlying theme to how we trade that most people don’t have the patience to work out. “One of these days, I need … Read More
We’ve never seen charts like the ones this weekend in more than 50-years of financial writing. Everything lines up for the period from Monday out to two weeks from Wednesday. What will happen is anyone’s guess. But we focus heavily on the charts today because they offer a lot to think about. So, sit down, … Read More
Delightful email from back-up consigliere out in Century City overnight. Sizing up the Thursday market action “Just vacuuming up the sucker money. Dow erases 500 point loss, surges into huge gain in rollercoaster day..” With a link to Wall Street rollercoaster: Dow erases 500 point loss, surges into huge gain. Running out the Bears to run, anyone? … Read More
Hard not to be in a festive mood: This is the Good Side of Inflation reports! This is the day we told you was coming – the day when not only do Consumer Prices come out (yuck, right?) but also the day the new – higher – Social Security Payments lock-in. As we told you … Read More