Just in from S&P: NEW YORK, MAY 28, 2024: S&P Dow Jones Indices (S&P DJI) today released the March 2024 results for the S&P CoreLogic Case-Shiller Indices. The leading measure of U.S. home prices shows that all of the major metro markets reported month-over-month price increases. YEAR-OVER-YEAR The S&P CoreLogic Case-Shiller U.S. National Home Price … Read More
We will post the Case-Shiller/S&P/CoreLogic Housing data when it crosses. Usually have it up by 8:15 AM Central, or so. L4L versus HFL While we’re waiting for the Housing report (we’d expect it to be hot), the strategic economic issue facing America is what to do with persistent inflation. Under more normal economic conditions – … Read More
Greenhouse Development work continues at Uretopia as we wend into Summer. To recap for newcomers, about two years back, son George II and I were messing around with Ground Screws and (in a flight of fancy) I decided to put up a greenhouse. A lean-to against the Music Studio’s west (outside) wall, it seemed like … Read More
Summer is nearly here, and with it, more time in the shop. Sometimes, You Get Lucky Take this morning, for example. Stepped in the shower and…the water never got hot. We had put in a new water heater back in March. Divel did the heavy work on this because, at 75, I’m trying to manage … Read More
Peoplenomics is now up for subscribers, so for the masses, a couple of short, but interesting topics to glom onto. The Oscilloscope Review II As I told you recently, I ordered – and had to send back – a Vevor 7 inch LED oscilloscope. The reason was there was an issue with the upper right … Read More
One of the hardest decisions a small trader can make is whether to hold a position on a Holiday weekend. So, today we will consider just a bit of the recent data in this regard. Around us, the world situation continues to devolve. With liquid reinforcements, a roast thawing out, and a whole bunch of … Read More
I’m really glad you asked that. The “What could go wrong” part. Because the plain and simple is “A whole crap load could let loose.” Before we look at our loose, intuitive future modeling, though, we have a pile of data and recent news note which may influence the Just Ahead part of life unraveling. … Read More
This is another one of those mornings when I could sleep – there is just something about this market that can’t be trusted, in our view. The same kind of “down in the gut” we’ve been having about Bitcoin, too. Speaking of which, BTC hypers were back screaming “Buy!” when we approached the $72,000 level Tuesday. … Read More
25-years ago we coined the term “UrbanSurvival” on the leading edge of what became the prepping movement. Today, there is what we think will be another long-term trend change in play. Young people are warming to minimalism and downscaling. We’re no strangers to the downscaling concept. Having made the decision to downscale in 2002-2003. But … Read More
We can begin today’s scribble with advice from Superman’s admirers. “Look! Up in the Sky!” Throughout history, signs and portents have been sky-tied. Everyone from Mark Twain to a host of other ancients view celestial events with a sense of wonder and awe. Off the front-page Monday: Rare Fireball Comet Turns Night Into Day Over … Read More
Once again, I have taken a “vow of brevity.” Which may not last one column’s worth. Short-Term Future Monday: Looks like the Spidey-sense was right about the market going higher, at least at the open. As you look at the following plot, consider that if we are to have 3 large (multi-month) waves up from … Read More
Two important topics on our agenda today. Small Drilling & Dremming Problems As you know, we look at Making very seriously and methodically. To us, there are only four general shop operations you need to master: Note the subcategorization by species of tool is important. Measure Tape Caliper Sticks Angles Cut u under this heading are: … Read More
Markets don’t get into a “teaching position” like this very often. But – wow – are they in a position to inform experts in coming weeks. Some of it has to do with inflation. But there’s the trend channels discussion. Hold the phone, though; we have two holidays in the coming month, as well – … Read More