Welcome back to the poop deck of once Titanic America. Where the ship of state has been seriously holed, not by an iceberg, but excesses of Marxism and Monetarism. “If the right one don’t get’cha, then the left one will” sang Tennessee Ernie Ford. While loading 16-tons. Hot As Hell CPI “The Consumer Price Index … Read More
As we laid it out for Peoplenomics.com subscribers before game time, there was a hell of a set-up for a potential market top to be in. We see it in our Wave Projector based on our Aggregate Index view of markets. Look at the upper right small trading boxes in this chart and you can … Read More
Ah, the weekend arrives. Super Bowl and all. Time Travel Alert Get out your stopwatch. As soon as the frantic announcers call the “Two minute warning!” hit the stopwatch. I’ve been times when two-minutes remaining runs upwards of 20-minutes on the local clocks. Might be an interesting head trip to follow. For those of us … Read More
Sure everyone has heard about the Super Bowl Indicator. Basically, this weekend if the 9’ers win, the market should soar. But if it’s KC? Then the indicator says best lookout below. What everyone should also know is that the indicator – which has been around since at least 1978 is not especially good at predicting … Read More
America stands on the edge of a Great Unraveling. It’s like reading a story, written by someone on drugs. Been an interesting read – up until here – but now the absurdity of plot begins to become clear. Remarkably, it’s not on just one side of the political aisle, either. Both sides have (and this … Read More
On our Peoplenomics.com subscription site, we have been tracking for some weeks now the potential for the markets to roll over in this area for one very simple reason. All the Elliott Wave requirements (for a major high) were met at the close Wednesday in our Aggregate markets index. What’s more, if you guessed that some … Read More
The problem with Covid is that no one has been held accountable. Which becomes an incentive for a repeat use. So, while wars seem to rage on the surface in places like Ukraine, Gaza, and Yemen, the personal question far off to the side is “Which weapon next? “ The answer may be staring at … Read More
One of the big stories, beginning to get some traction is how the rain in California (as much as 11-inches in a few places) could drive up the price of food this spring. This is not a “remarkable first” in human history. Not even close. A selection of reads to lay out some corner posts … Read More
As long as dams hold, and forecast models don’t break, the worst of the weekend weather in California is now passing. But it has been one hell of a storm. Mudslides, winds exceeding hurricane force, and places with more than 7-inches of rain. Let’s do a quick post mort, shall we? SoCal first. As you … Read More
Only a couple of quickies this morning: Too early to tell for certain but looks like the war news flow hasn’t gotten too much heavier. Leading to an early dart toss for an up day in markets tomorrow. IF things remain calm. Ultra-Make.com website rolls through solar panel and system maintenance while we do the … Read More
The Future is getting more predictable by the day it seems. So this morning, a few thoughts on how it could roll out in coming days and weeks. Plus our anticipated rally to fill a critical trading box? Well, we almost got there Friday.Or, did we? Toss in an earthquake in Oklahoma and floods coming … Read More
I said all of what I had to say (about mis-direction over actual Jobs data) in our Thursday column. As we expected, the Big Bouncy Thursday was a reasonable call. Which brings us to this morning’s coverage of the Bureau of Labor Statistics “offishul” jobs report. To make this easy for you to follow, we … Read More
Slow is good. OK, a little grating sometimes. But overall, slow is sometimes the best course. BBT (Big Bouncy Thursday) Big Bounce Thursday is our beginning example. The Dow sold off more than 300-points Wednesday. Mainly because the Federal Reserve didn’t cave-in to the habitual panhandlers on Wall Street who always want something (like a … Read More