I get a real kick out of watching the market action as we approach a potential longer-term top. While Bitcoins are doing exactly what we told you they’d be inclined to do – hit record highs – (see Coping Section, next article) there is still the pending matter of a likely stock market blow-off to … Read More
We begin this morning with a brief recounting of the conversation I just had with my editor, Zeus the ‘Charlie Alfa Tango, Actual” who advises us on great spiritual and financial matters. (It’s what black cats do.) If you haven’t seen the quotes yet, the Bitcoins that we had previously advised were “In the Great … Read More
And other matters. Today we look on how my $29,325 experiment is going (answer: ainfully!) and we talk about the next book up Ure’s sleeve. Toss in a few headlines and yep – summer doldrums are here. More for Subscribers ||| SUBSCRIBE NOW! ||| Subscriber Help Center
Some left-overs from my national radio appearance last night before we jump into the fresh employment data: We have noted with interest the empaneling of a grand jury in Washington to hear the allegations about Donald Trump and “Russian money.” I don’t know how much you know about the grand jury process, but having sat … Read More
Yep, they are here, but only on a very limited basis. Turn out, though, one of my colleagues out in San Ramon, California not only bought one but after seeing how cool they were (which I’ll explain in a sec) decided that not only would he buy one for his wife, but for himself as … Read More
The M1 money supply is being pumped like mad! Source: https://www.federalreserve.gov/releases/h6/current/default.htm
While the doom porn industry has been having several years of failed predictions about the pending “doom of the US economy” the reality is that we continue in a major up-trend that only seems likely to stop when we have completed an historical rhyme off events of 1929. In that year, when we count the … Read More
We may be seeing the “leading edges” of the passing of the modern Automobile business model. A short trip down History Lane to put this all into perspective, starting with two snips from Wikipedia to set the course. First, the historical origins: “Nicolas-Joseph Cugnot is widely credited with building the first full-scale, self-propelled mechanical vehicle … Read More
Normally, we don’t mention such items, but we have been experiencing a dandy story here in East Texas this morning. Since 5 AM we’ve had more than 5.5″ of rain dumped on us, and doing a little math on how much water than is for our 29-acre patch of Paradise, it pencils out to about … Read More
If we were to take our money off the table at the close on Tuesday, it would be a $28,670 experiment and we would book a tax-loss carry forward to offset other gains earlier in the year. But that’s the thing about investing in stocks: Unlike roulette or other ‘games of chance’ the high art … Read More
I’m thinking the latter – but as the week unwinds with jobs data starting tomorrow through Friday, we ought to get a better bead on things. Driving markets to the upside, we know that the Federal Reserve has been pumping up the H.6 money stock lately at a 9.5% annualized rate (Table 2, H.6 here). … Read More
If you head over to https://www.timeanddate.com/eclipse/solar/2017-august-21 you will see there is a useful list of cities and the times associated with the upcoming solar eclipse on August 21. That in itself is no news flash, but since this eclipse will be happening when the market is open, and there is plenty of woo-woo around all … Read More
Let me share just one point from our Peoplenomics.com report our Saturday for subscribers: Friday was a down day for the market, overall. Oh, sure, the Dow Jones Industrial Average was up almost 34-points. But declines in the NASDAQ and the S&P 500 were such that if you had equal dollars in all three, you … Read More