Been a fine, if not damn near dandy week, here in the East Texas Outback. The time of year when “green up” happens – as the wild lands look greener than Ireland. The bank balances are greening-up nicely, as well. Because we have a useful kluge of a lot of technical gibberish and simple visuals … Read More
We have been telling you for years: If you are young, don’t expect to retire until at least 68 – and as of this morning it looks like the FRA (full retirement age) could be bumped to 70. Take a careful read of A bipartisan group of Senators is talking about raising the retirement age … Read More
Bipolar disorder is a great place to start. Although, like gout, BPD does come with some benefits. Like super creativity – depending on where you are in the cycle. Over on the subscriber side, I’ve been working on the market BPD indicator. Which as the preopen today was trying to tell us: On the subscriber … Read More
When I checked early this morning, Crypto’s leader (BTC) was down into the $23,800 range. Considering the high this week was over $25,000 three days ago; this was hardly encouraging news. The story out Thursday that got very little play was a joint statement by the Federal Reserve, Comptroller of the Currency, and FDIC. Bottom … Read More
No. We will not tell you here how to build a differential trading model, though on Peoplenomics.com for subscribers, sure. Instead, we will only give you the Big Picture based on early Futures prices today. The grim news today is that IF the market closes at the early futures pricing, THEN we are increasingly likely … Read More
Out of recognition of my personal dopamine addiction tendency to over-trade a bit, we need to begin with the set-up going into a three-day weekend. This is one I MAY short. Because things will likely be runaway positive next week, or we will slip down the icy slope toward global collapse (and war to follow). … Read More
Yes, we’re figuring things are going seriously off the rails, and we are holding a (painfully expensive so far) short position against the market going into today. We think it’s way overpriced. Why? (CPI) Well, that’s a good one, ain’t it? We are at an illogical point, even up through the futures this morning before the … Read More
Although we are able to snipe occasional lunch money in this pig of a stock market, the amount of real Truth out there is getting harder to find. Data! Market futures slipped a bit on this. Meanwhile: Do I believe Labor Department data “Series Id: LNS12000000”? Because if you did believe it, you’d be agreeing … Read More
Just out from S&P: “NEW YORK, JANUARY 31, 2023: S&P Dow Jones Indices (S&P DJI) today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for November 2022 show that home prices declined across the United States. YEAR-OVER-YEAR The S&P CoreLogic Case-Shiller U.S. National … Read More
Content Theft Notice: Check your address bar. If it shows a whole article and does NOT begin https://urbansurvival.com, then you are supporting copyright thieves. We have complained to the offending site’s hosting provider. Great self-discovery opportunity for you, too: Do you support crime? Copyright scammers? Breaking Ukraine will also get F-16s: Fighter concession debate has … Read More
Stock markets will be interesting this week on a number of levels. On one, we may get some insight into how “News and Wars” drive markets. As Germany goes for MONEY over PEACE as Minister: Germany won’t block Poland giving Ukraine tanks reports the Associated Press. The Russians, of course, seeing this coming, have been … Read More
How long ago did I tell you? We are likely in a large Wave 3 down now. Hold that thought. Couple of hot economic numbers to deal with before we go deep. Breaking: Housing Data Or should we call it “partly broken?” Key part: Building Permits Privately?owned housing units authorized by building permits in December were … Read More
It’s a nice Friday. My new CPAP machine is working great, thanks. With a good night’s sleep, along with a forecast high of 74F today, what could possibly go wrong? As it turns out: plenty. Long-term? Dismal Being a self-centered, greedy, semi-retired scrooge, let me huff on the whiteboard marker and begin with the market outlook … Read More