Spending Addiction? America? (With a nod to the late Leslie Nielsen) “Shirley you jest.” (And don’t call me Shirley!) Although I got up at 3 AM today, to work on a computational finance idea (Peoplenomics, next Wed.), a good portion of the early hours was pissed away looking at Dueling Black Friday sales. Among the … Read More
There is a problem common to all investing pursuits: Which side of the Inflation Monster to play. It’s important in the very short-term, like today. And in the longer-term, as well. But it’s the middle ground where the art and science of living kicks in. Take this morning, for example. From a low of 0.9330 … Read More
The times they are a-changing, and us with them. Makes for a good perspective to look back over almost 40 years of prepping work and see what thingswere stable and which pieces were changed. Plus, in our ChartPack today, we look at a simple way to extract some “rules for trading” from a table of … Read More
This should be a reasonably straightforward column to cobble up because there are only three topics that matter. At least, for the moment. The rest of WW3 will be unwinding on us shortly. Trade: Corona Bust? Last week’s news that one of the major ocean shipping outfits was laying off 10 percent of its workforce seemed … Read More
Swear to God, most of us could take this week off. Sure, some of the regular bond auctions and a trade figure Tuesday. But for the most part this is one of those weeks that Editors hate. There’s hardly enough to write about. Scheduling the Week For one, there is a chance that in this … Read More
(The Origins of this Project are here.) OK, depending on where you live, this is a two or three seasons deal. But when we do a little project – like our new ‘mini tent stove‘ patio, cat playground, outdoor bar, sometimes breakfast cooking spot – it’s fun to actually show how it works. World’s Longest … Read More
Shocking rise of markets this week that almost has the odor of manipulation. But it may portend the “worst news ever” (nukwar?) based on “buy the rumor, sell the news” theory. Which is almost as interesting, though not of as much usefulness, as our latest adventures into past life regressions. As few headlines and coffee … Read More
The departure this week of a “squad” of Benjamins worth of account value from my Lunch Money trading account, brought (somewhat brutally) to my attention that we are now likely in Wave 3 Down, of which we had (1) down seeming to complete and we are likely in the rally to be associated with Wave 3 … Read More
“You’re down HOW much on this rally?” About a Cleveland. It’s old Grover on the $1,000 bill, you know. Being down a “couple of Benjamin’s” ($100’s) was a minor irritation, in comparison. Thing is though, if you don’t periodically test your theories with real money, it’s all BS. Besides, the system I have now (if followed instead of … Read More
Hot jobs numbers have just dropped before we get into that. And sure, a check of some headlines. Humans really are, though, inefficient machines. Especially when comes to investing. Also: our ChartPack is now in a nearly ideal position to rollover, or is that under? Plus we have the Fed rate decision coming this afternoon. … Read More
Too hot to keep the odds of another Fed hike at zero? NEW YORK, OCTOBER 31, 2023: S&P Dow Jones Indices (S&P DJI) today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for August 2023 show that 13 of the 20 major metro … Read More
Breaking: Employment Costs Just out from Labor: “Compensation costs for civilian workers increased 1.1 percent, seasonally adjusted, for the 3-month period ending in September 2023, the U.S. Bureau of Labor Statistics reported today. Wages and salaries increased 1.2 percent and benefit costs increased 0.9 percent from June 2023. Compensation costs for civilian workers increased 4.3 … Read More
As our Peoplenomics readers know, we didn’t carry a short position over the weekend. There were already too many people last week talking about how a “Crash” might be at hand early this week. That is still possible-to-likely. But as my late mentor Robin Landry schooled me “Markets will always make their waves…” Considering the Dow … Read More