Turkey Week: Toms or Stocks?

The market (an hour before the open) was set to open right about even with last week’s close.  We would normally expect a bit of a pullback after options week, but it’s not a regular-enough pattern to make any dough with. Not that I haven’t tried. For now, a one-half percent decline in Japan overnight … Read More

Coping: Our Lost Sense of Adventure

We’ve been kicking around an interesting conversation over dinner the past few days:  What is our next big adventure in life?  This being a 3 1/2 day workweek for most, why not work a bit on the play calculations, right? Sure we’re old,  and yeah, we agree that dying is an adventure, no doubt.  But, … Read More

Scenarios for the Future

We take some time this morning to look at crypto currencies, the future of autos, and where gold may go. These are all topics of immediate concern to subscribers…but first a few headlines and a look at the charts.  Which, as we expected, ended the week in the U.S. right on our 9-day moving averages… … Read More

Fed Moderates, Bitcoin Brightens, Markets Ponder

We need to go over three charts this morning because somewhere in them, there’s a message, but damned if I can figure out what it is just yet. The three charts are the M2-Velocity of Money.  This one says, in so many words, how often money is “turned over” during the year.  The second chart … Read More

Coping: With the Return of REAL Typewriters

I mentioned a while back that I was planning to pick up an IBM Selectric II because to my way of thinking they were the absolute best keyboard ever made.  That is, if you don’t count that seven-pound marvelous mechanical keyboard that shipped with the original IBM-PC’s and which I used at a number of … Read More

Coping: “You Bought a What?”

Don’t buy it yet – we are still in the proofreading adventure on the new (non-fiction) book Dimensions Next Door, but we’re now in the test-loading phase at Amazon…but ONE of the interesting items in the book that I’ve mentioned before is the shofar. Called “trumpets” in the Anglo-centric interpretations of the ancient texts, the shofar … Read More

Bitcoins Biting, Stocks-a-Stalking?

Let’s ramble: A number of readers have asked me what I think is going on with Bitcoins and why – if I’m such a wise old man – I don’t ‘invest’ in them. The answers are incredibly simple. To begin with there is a YUGE ethical question behind Bitcoins:  What is their intrinsic value?  You … Read More

When Not to Follow Trading Models

One of our readers asked an interesting question that deserves a comprehensive answer this morning:  What is the point of all the Peoplenomics research and charts if *Ure’s truly*  doesn’t religiously follow his own models? FOGOD – fear of gap opening down – –which the market is set to deliver in an unusually timely way … Read More

Markets Get Some Data – Much Hype

While we await the Big Data Point of the week (the CPI figure tomorrow) it is interesting to see that bonds have retreated on the yield site – and again, it tells us that the Fed-in-a-Box model is still useful. Were you to click over here and inspect the 1-year view of the 10-year treasury … Read More

Coping: Christmas System 1: Room-by-Room

Hate to admit it, but I am a compulsive manager.  Which is to say when there is something to be done, the first thing I do is sit back with a big cup of coffee and think about how to accomplish the task in the most methodical & efficient way possible. This applies to Christmas, as … Read More

What Will Drive Markets? Bitcoin Dims

I felt much better after writing up the worthless media reports that pass for news in today’s Coping section.  Now we can get down to cases… I’m  looking for the market to go down a ways from here.  It would be extremely graceful if we could have a decline this week that carries into next … Read More

Coping: With the “News Void”

We have arrived at a day – long-predicted here – where the over-built media doesn’t have enough “real news” to keep the bloated information channels full. As I looked through the overnight server runs it was, more or less, the same news I was looking at last Thursday before this pitiful “pseudo-holiday” got underway. You want … Read More

D153: The "Crazy Beam" Caper

Economics is often best-understood through the use of a “thought-model.”  Around here, when enough pieces of the Big Picture aren’t fitting well, we fall back to a hypothetical “super agency” that is in charge of delivering an agreed-upon future to those of us who are blissfully ignorant of the game’s highest levels. With this in … Read More