ShopTalk Sunday: Retrograde School, Purple, and ‘Puter

The end of my Personal Retrograde Hell ended about 12:45 PM Sunday.  That’s when the new minicomputer began to function perfectly.  Not a big deal? This is a tale about Mercury Retrograde.  Retrograde means that if you’re outside and closely watching the night sky, the apparent motion of the planet Mercury seems to reverse and go backwards … Read More

Widows, Orphans, and Computers

A funny thing happened this week as we busted through one of our long-expected trend channels.  What’s more, we are just at our 85-day/17-week moving average which – back tested to 1998, has been a reasonable alternative to the (more conventional) 50DMA ore the 100DMA trading indicators. The computer part is woven in because this … Read More

Markets Pile on Bad News

Have a look at the critical support top of the trend channel now that we are more than an hour into today’s session: A couple of ways this could play out: A reverse higher bounce off the trend line. But we could also sink under, then come up to the trend top and fall apart. The … Read More

Three Things that Matter: Jobs, Markets, Weather

“Oh, dear, what can the matter be?”  Gotta minute? You may not realize it, but this is a common nursery rhyme (and round) which was drilled into the group socialization process back when many of us “Boomers or sometwhere in there) people were growing up.  Sayeth Wikipedia: “Oh, Dear! What Can the Matter Be?“, also known … Read More

Politics: Excellence Lost, Post Fed Date

In case you were under a rock, the key part of the Fed decision Wednesday afternoon was: “In support of its goals, the Committee decided to maintain the target range for the federal funds rate at 5-1/4 to 5-1/2 percent. In considering any adjustments to the target range for the federal funds rate, the Committee … Read More

Carry Trade Dynamics, Farm School (2)

Japan’s Central Bank has decided to raise rates – which is almost certain to press on U.S. markets – higher.  Along with this we offer another chapter in “Farm School” which we hope you will find both entertaining and educational. Next, toss in the usual 18 charts on markets from the perspective of our proprietary … Read More

Debt Passes $35,001,278,179,208.67 – Housing Zooms

Two big items.  First is the National Debt as measured by the U.S. Treasury peeked over $35 trillion today:  $35,001,278,179,208.67 With this much debt sloshing, what do you think the Case-Shiller Housing data showed? YEAR-OVER-YEAR The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 5.9% annual … Read More

Today We Enter the Funhouse

A bit of “color” to set the mood for the balance of the week.  We have – as the day progresses – entered a Global Funhouse.  Of course, the local “opening time” depends on your Time Zone.  Like in Japan, the Bank of Japan rate confab (funding trillions in Japan-Yen Carry-Trades), is already meeting.  (Cultural … Read More

Monday: Low and Slow -Housing Tomorrow, Fed Wed.

No, we are not anxious to be talking about the market here.  We are talking about what feels like “The Earthquake Tireds.” I got up and showered at 3 AM. But after the “morning stack” of supplements, I was sitting in the office and Wham!  Can barely keep my eyes open. Busy weekend, one of … Read More

ShopTalk Sunday: SWL-dB, Toplogy (3), Ragu Wonder

First item on the agenda is the Shortwave database.  The idea is that in the event of a massive continental-impacting earthquake, EMP strike, or Web Hard Down event, it would be nice to have a printed out (laminated) copy of a Shortwave radio stations list.  To allow getting news and information from something other than … Read More

DeMorgan’s Theorem Calls Markets & Election?

When Donald Trump ran for president the first time, he was touted as a billionaire and the label may have helped.  It sure didn’t hurt.  This time around will be different. His financial condition is now somewhat questionable and the opposing candidate packs a ton of appeal to People of Color (POCs) (or, at least … Read More

Olympic Woes Begin – Rally with $35-Trillion Debt?

A nod to G.A. Stewart’s forecast – based on his decades of Nostradamus research – as we see the Olympics are off to a rocky start: Paris Olympics hit by coordinated arson attacks across train network. Our concern is not so much with the arson – sure, inconvenient, but not a mass killer – except … Read More

President 47’s Long Wave Nightmare, Data Driven Thurs

Markets fell on their collective asses Wednesday. And the early futures today were not telling of a turn higher.  Part of that due to GDP dropping but we’ll get to that in a second. Before getting in line at a high window, or bridge, let’s consider that short-term hype is still possible.  Let me show … Read More