I know I tell you all the time: No one stands up and waves a flag when a big market move may be beginning.. So, kindly overlook my standing on the bench in the shop with two red microfiber cloths, a railroad flare, fog horn, and farting for all I’m worth. But could it be … Read More
Calamity Cash Flow our topic, as promised, today. While it’s obvious that “If you can’t touch it, you don’t own it…” It’s also true that even if you can touch, doesn’t mean someone won’t try. This is a problem when the “law” is on their side – so a discussion this morning as we rehash … Read More
Welcome to what we told you about last Friday – our little “crisis moment” Monday. Which brings us to this morning’s “Turnaround Tuesday.” The problem with “turnarounds” is no one waves a flag and says “Here it is, boys and girls! Come make money from here…” At its low Monday, the S&P touched 3,229.10. Which … Read More
I warned you (before the Friday Open last week) that we would be seeing a “crash window” open this week. And (try not to look surprised here) the Dow futures earlier were down more than 500 points. And losses in Europe were in the 2 1/2 percent range. Which might ‘cast down 700 – or … Read More
While we’re waiting for the market to crater tomorrow… [May load slow due to length and a zillion graphics] This may be a bit on the “longish” today, so if you need to pee or get coffee…better do that first. We’ll wait for you…. Four topics this morning: Best first ham radio stations, how to … Read More
We size up the death of Uncle Sam as an internal “national cohesiveness marketing tool” of America. Which is then contrasted with China’s roll from socialism, heading for communism, becoming instead socialists rediscovering Confucianism. Lot of ramifications. Before that, a few headlines including a track of Beta O’Storm, which is about to hit south Texas. … Read More
Two Depressions to track: One is a Tropical Depression that will be headed up into Texas next week. And we worry about what looms for 2021 in personal finance. We’ll begin with this latter (depressing topic) first. Crash Window? Somewhere in the Peoplenomics subscriber Master Index page there is a nifty tool I developed a few years … Read More
Well, well, well… We’re about ready to make a sizeable bet on the S&P 500 busting or – under – the 3,000 level before the election. Because as of this morning’s future’s pricing, looks to me like we MAY be about to start another wave down. Let’s Chart This Out… (This is the kind of … Read More
Another nominee is presented in our quest to find the Grand News Unifier. That is, the person, organization, or affinity group that could be blamed (or credited) with much of what passes for “news.” Interesting topic, I hope you’ll agree. Just as soon as we ramble through some headlines and ponder a mid-week “Hold ’em … Read More
When I got up this morning, stock futures were up another 200 on the Dow and the balance of the market was looking bouncy as well. Things have calmed down a bit. But the big deal is the Fed statement tomorrow. The problem – which we’ve repeated many times over – is that there has … Read More
The headline captures most of it – in terms of “all the news you need to know” this week. Unless we get a real -legit – left field event. So – as I have been threatening for days months YEARS – I really will be doing shorter columns. Too much to do here. Hard to … Read More
I normally don’t get irked and amped enough on Sunday to write not one but two columns. However, exceptional stupidity requires someone stand up and call bullshit. Since stories – like this one earlier this week in the New York Times are selling the “Party Line” on “climate change” – “A Climate Reckoning in Fire-Stricken … Read More
Many items on the agenda this morning. Not the least of which is the… Fires Still Raging Our condolences and support to families in California and Oregon who have lost homes and valuable personal effects in the raging wildfires out west. Talking to friends up in the Seattle area, it’s much the same story up … Read More