News

My, ain’t this a hoot?  Market dropped nearly a thousand Dow points Friday yet managed to put in a bounce Monday going into the close.  As I explained in the Monday column; “A rally on Housing data tomorrow, for example, is possible.  But by Thursday, someone will cite the time lag in that data set … Read More

After the “quickie visit” to the ER last Thursday night, I decided to kick it a bit and put more brain cells on trading. Looks to me like the market ahead is in a position to really “lose it.” For a couple of decades, I’ve been using an Aggregate Index – trying to wrap my … Read More

A friend of George, II’s was down for a week.  You know how that goes, what trying to be the “good host” and all.  When in the “useful parent mode” I don’t wake people up until they get up on their own accord.  But, let me tell you something, oh my God, can people sleep. … Read More

The market tracked brilliantly (down) to our expectations this week.  However, the “Bernanke Paradox” is still driving. Down more than 900 points Friday the Dow decline is unlikely to delay an expected rate hike at the Fed’s upcoming meeting. This morning, a few notes on how the charts – using our Aggregate Index approach – … Read More

Don’t look now, but markets are getting into some really hairy straits. While there had been hope earlier in the week that a rally would grab hold and save the day, hopes were dashed Thursday when the market blew down 368 Dow points and more than 65 on the S&P. It just wasn’t a good … Read More

Hype School Reunion time! While we await this weekend’s “Easter War” window – and having our fill of how the Great Schism of 1054 may still be feeding forward into daily news events now – we have plenty of time to consider ongoing monetization’s of Trump Derangement Syndrome (TDS). As you will read in a … Read More

George went domain name shopping this week because two pretty good ideas have come along, and subscribers get a first look.  It all comes as a spontaneous answer to a problem vexing all of us:  What productive something can replace social media? This is not an entirely wasted effort, though it will take some marketing … Read More

Quick market note first:  Not much in the way of news to drive things, so the Elliott count (*by a genuine first-class idiot) at the close last night looked like this: Aggregate Index is slightly positive, but not worth firing up Excel over. We still think this could break either way, though I stepped in and … Read More

We like to organize our thinking early Monday.  You know, sort out the week of crap ahead, see where the sheep are being led, see “who’s talking their book” on markets, plan for the bumps, and prepare for the chasms.  Such orderly thinking leaves additional processor clicks to keep an eye on the exoquartiles of … Read More

Our normal Sunday fare is foregone today in honor of the solemnity of the day, and its meaning, worldwide. Easter Confessional:  I found a great deal on a Wen 6510T spindle sander on eBay overnight.  So, we haven’t lost sight of what really goes on in the shop… It’s a dandy time for us Junior … Read More

How to become a High Output Production Writer (Part 2) This being a holiday weekend *(Easter tomorrow), we will ease into part 2 of our discussion of the writer’s craft. In part one, we went over software, settings, lighting, screens, colors, moods, keyboards…all those “little things” that don’t get the attention due them by casual … Read More

With a handful of economic data releases, we have actual news to talk about.  However, since markets are (generally) closed for Good Friday, we can indulge a bit in more light-hearted aspects of Life. Business first, though. Questions & Data Day Q 1:  Is there Mail Delivery today? Yes.  In fact, despite the (nominally) Christian foundation … Read More

Might as well get the morning’s big econ story out of the way first:  Retail sales for March have just been released: “Advance estimates of U.S. retail and food services sales for March 2022, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $665.7 billion, an increase of 0.5 … Read More