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
Our Focus today is on trading discipline and tools. As I have admitted many times, I can time markets OK but I’m by nature flighty and always second-guessing myself. That costs me. For whatever reason, I tend to drop into second-guess and worry mode. So I’ve been looking for ways to improve returns. Paradoxical as … Read More
Inflation In Check? It may seem that way. Consumer Prices held even this week, but there may only be a modest break before real “stagflation” sets in. Either that – or the deflationary depression shows up when we figure “Help, we’ve fallen and we can’t get up…” The future will be defined by how we … Read More
Short – and Hopeful Big Picture stuff first, then data: As we advised our Peoplenomics.com subscribers Wednesday, there is still a case for the markets to move higher into early next spring. Sell-In-May Ultimate Edition. We have a template for such a possible final blow-off: 1929’s final thrust lasted 91-trading days from final pre-peak. We don’t … Read More
No matter which side of the aisle: And paradoxically…recommended by a Canadian. Maybe they have better memories, eh?
We had a weird error on the Internet today. Our site here went down (“server crash”) but the strange part was that when it crashed, there is a program we run for added speed which does caching. At the time of the server crash, the ‘snapshot’ taken was a link to Kitco – and now … Read More
Word that CV-19 has continued to accelerate comes as no surprise around here; we’ve been projecting it for months. It’s how “compounding” works. Yet, the arrival means more than draconian government regulations, there are the problems of “savings destruction” because that’s the stuff of which major Long Wave Depressions are made. That and drought. But, … Read More
The “Cold Chain” Problem We can see the “Joe Blow” rally Monday as likely to collapse today. Reasons are manifold, but we’ve had five-days up with very little actual “fresh news.” Be suspect as hell that the breakthrough vaccination report was (literally) put on ice in order to push it back after the Election. Could … Read More
Thousand Point Joe? That Joe Biden is president-elect remains a contentious claim, despite the supportive news reports this weekend. But, between the Pfizer CV vaccine news and poly-hype, the Biden Bubble might produce as stock futures were up over 1,000 points, and the S&P was on track to add nearly 130 to Friday’s euphoric close. … Read More