This being Technical Tuesday, I want to focus a little attention on A.I. because “we small humans” have gotten a lot of past, dangerous, scary technology mostly wrong. Two examples are radio’s invention and atomic physics. Chosen because they demonstrate what happens when a technology is “done right – sort of – and when it’s done dead … Read More
Money Monday offers a choice of economic wars to focus on. We’ll toss out the easy ones first. Commie-fornia – the People’s Republik as it’s been called – is now featuring a new quite disgusting pander to Mob Rule. (It’s what communist insurgencies do, after all.) See, at the heart of anti-American socialist engineering is … Read More
Although I got the major PITA project I’ve been putting off partly done Saturday, the real satisfaction came from wiring up the BBQ outlet this week. However, it was a fine study in how “little projects” can turn into Big ones on the clock. The idea sounded simple enough. We had run an extension cord from … Read More
Some time back – perhaps a month or two – we mentioned a slight chance of a major rally based on use of “trading boxes.” In our unconventional way of looking at markets, drawing of rectangles on charts offers some occasionally useful insights. This weekend, a drill down a bit into the “trading boxes” which … Read More
Retail Sales are just out, so let’s depart from drama, disdain delay, and dispense duration… “Advance estimates of U.S. retail and food services sales for March 2023, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $691.7 billion, down 1.0 percent (±0.5 percent) from the previous month, but up … Read More
My consigliere – a wizened tax attorney – is more than slightly savvy on Money. He was projecting an “economic showdown with China” as early as 1979. And here we are… So, when he called to talk about the “hollow money” problem – we both (being students of Long Wave Economics – knew exactly what … Read More
Consumer prices are just out and we’ll hit that first. But then some perspective on the future impacts of Inflation and how it will change our world. Mighty useful when making strategic life decisions. Because you can increase your odds of “making good financial calls” by picking the right assets to be heavy in, well … Read More
Three smallish data points today kick off our Reality Review. These are not the most gossiped thing on social, which focuses on anything Orange, and stories like Dalai Lama, 87, apologises after kissing young boy on the lips and asking child to ‘suck’ his tongue. Thanks, pass. Well, sort of… Smaller stories – the ones that get glossed over … Read More
I told subscribers my trading position Saturday: yes, I went short into the close on pre-holiday Thursday. Just in the last hour, a bearish tone has emerged and in our Aggregated Markets view of things, hard down is likely if the lower support level (lower right) breaks in today’s trading: If the light-colored ascending channel … Read More
With European markets on “chill” for the Day After Easter, and with the U.S. markets spongy as gold prices are down a bit, seems to us like a fine morning for a balanced outlook. Oh sure, easy from a raw economics standpoint to point at a growing pile of stories about the pending recession – … Read More
Prepping note: The battery on the old Kubota is on its last legs. It’s a 51-R series, and they ain’t cheap. So, I was trying to get the maximum possible service life out of it. Put it on an 8-amp charger and then got into some pulse charging on top of that… Even after 2 … Read More
China has been building relationships while the U.S. relies on “positional power.” Which, in an age of changing resources, amounts to resting on our laurels while a challenger moves ahead. At once, we have three (or more) potential war fronts along with a fall from grace for the U.S. dollar. In our effort to handicap … Read More
Yes, the stock market is closed. Good Friday, don’tcha know. But this warms me to our first Agenda Item. What’s so “Good” about “Good Friday?” To cite from Wikipedia (Etymology entry): “‘Good Friday’ comes from the sense ‘pious, holy’ of the word “good”.[13] Less common examples of expressions based on this obsolete sense of “good” include … Read More