Some interesting calculations about how the present-day “record Dow” is doing little more than a repeat of (gulp!) 1929. Want that target date for a possible “final high?” Beyond that, however, there is a pre-turkey rasher of data to sort through since the Fed gov will be closed tomorrow (birds of a what?). Friday will … Read More
Gotta Lock-In Somewhere, Right? If there was ever a reason to buy the biggest home you could afford, Coronavirus is IT. Capital I.T. Not surprisingly, people are doing exactly as programmed: NEW YORK, NOVEMBER 24, 2020 – S&P Dow Jones Indices today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure … Read More
Housing Data Shortly Fly Me To the Moon, bossa nova, seems like today’s starting point. With Dow futures pointing to a 300+ point pop at the open, it seems all the world’s gone mad. The data we’re seeing just doesn’t “add up” the way it ought to. Gold prices – for example – are cratering. … Read More
Holiday Market Rally at Hand Dow futures were up 200 points when checked. The reason – to me, anyway – looks technical rather than fundamental. Because… President Trump’s Election Challenge Lawyer – Sidney Powell – has been fired (as some call it) because the “grand conspiracy” got too…well, you know… too too. Joe Biden is … Read More
How BIG is Enough? Did I ever show you my electronics bench? Total Train Wreck: (Fully functional, just looks like hell…) It’s ALL there. Desoldering machine, microscope for SMT parts, even a spetroscope for LED color checking. Thing is, I never get around to keeping it clean and organized. Project overlap. Phones ring. Martini time … Read More
Yes: We’re Still Masking Many things to go over this morning. Two posts – the second (“Shop Talk”) will be along shortly. But I want to start with a reader inquiry: “George – with all the talk about masks being ‘useless’ and such, and with covid on the rise in just about every state, wondering, … Read More
Two concepts to kick around in today’s report. One is a proposal which would overcome one of the major objections to crypto currencies. Namely that they are more notional than fungible. We propose a fix. Second part of the report which is out there now because a lot of our subscribers “give large at Christmas.” … Read More
To Hell with Pseudo Drama Although Thanksgiving (‘Merican style) is still six-days off, the “tryotophan mood” is already settling in. Highlights of the next week around here will include: Being on CoastToCoast with George Noory next Wednesday night. Revealing my crypto-related patent filing on Peoplenomics Wednesday. (Too many details to rush through for tomorrow). A … Read More
Unemployment Filings Jump Hot off the screen snagger: “The advance number of actual initial claims under state programs, unadjusted, totaled 743,460 in the week ending November 14, an increase of 18,344 (or 2.5 percent) from the previous week. The seasonal factors had expected a decrease of 13,302 (or -1.8 percent) from the previous week. There … Read More
We are continuing our efforts toward making a real-life time machine. However, as it turns out, there’s a lot more than time involved. So, today and update in our Real Time Machine project. First, however, an even stranger, but so far more profitable question: based on a few trades this week we need to ask … Read More
Locked-In to Load-Up We are eyeing this morning’s retail sales figures with the usual suspicion since people’s spending habits will mold 2021. If they falter, the dream goes down. The problem in economics is simple: If people don’t spend, then sales fall. As sales fall, markets fall. Waking up to Reality, a few people will … Read More
Vax #2 Hype & A ’62 Flashback! Seat belts on for market hype deluxe? Moderna says its vaccine is 94.5% effective at preventing Covid-19. Remember in last week’s round of virus hope that the RNA answer had to be kept super cold? Well, this one seems a little more practical as Early Data Suggests Moderna’s … Read More
The Best (& Worst) Boss is? US! One of the treasures of being raised in a “firefighter family” is that everyone “worked on the off-shift.” Sure, a lot of union jobs in the 50’s and 60’s were paying enough that one person working in a household could “get by.” But fire, police, and other first … Read More