From Reuters: “Apple bombshell sends investors to safe havens; ‘flash crash’ jolts currencies.” I mentioned to you back in December that I had a “bad feeling” about what lay ahead around the second week of January. And, judging by the futures (as 6:30 AM Central) showing the Dow set to slide more than 300 points … Read More
I was sitting in our recording studio Sunday morning with the cuppa coffee when it hit me: I’m a damn fine studio builder and when it comes to mixing, yeah, I can probably hold me own. Thing is – and it’s weird to sit in a studio and contemplate this – I’m honestly not much of a … Read More
Here’s a head scratcher for you: As of 7:16 AM Central time, Yahoo was showing the Dow futures down more than 700 points, but the FinViz display was showing down in the range of 150-points. So, it will be an interesting morning to watch…which set of futures will be right? We should know shortly…maybe holiday … Read More
Got yet-another crackpot view of the market that has evolved since our discovery of the “Market Heartbeat” that was laid out for Peoplenomics.com subscribers (Report 880B, “July 14, 2018: Heartbeat of the Market found! (Golem #1)“). This new theory says the recent spike in selling could break and the markets could recover between now and early … Read More
December Global Financial Wresting‘s (DGFW) feature match this week involves a handful of powerful central bankers in a tag-team fiasco against a lone, overweight (and looking like a CHD victim waiting to happen) old man in a red suit. Who do you bet on? After being sent to their corners for the weekend following what … Read More
Finance is part statistics, part floating craps game, part mafiosa, part leap of faith and so on. When I wrap all of these things up into a spreadsheet (and call ity Golem II, it suggests that the market going forward may work out something like this… As always, this is not financial advice. What we … Read More
The “pop-up” day of mourning for departed President George H.W. Bush provides us an opportunity to ask a few very pertinent questions. Tomorrow, as you’ve heard, the stock and bond markets will take a day off. And, as the Augusta Chronicle headlines “Post offices to be closed Wednesday for day of mourning for George H.W. … Read More
Yes, the markets will melt up in the early going – maybe 500 points on the Dow – but there’s another story that we are looking at that could have more impact than a “rally with an air foundation” which is how we read the time-out on trade tariffs…. As our Peoplenomics.com subscribers know, we’ve been … Read More
The Dow Jones Industrials rose some 208 points Thursday. This morning, though, we look to give-back all but 3-bucks of that; if not all of it and then some. So, the first thing out of the hopper today (and this is not financial advice) is that we did mention this in Thursdays column…so it isn’t … Read More
It is too early in the day to offer an “I told you so…” BUT I did and it’s not to early to remind you of our outlook for the markets to pick up speed to the downside in coming weeks. Today is the first “hot day” I mentioned back on October 26th. The next … Read More
This being Election Day, we will pass on our usual semi-conservative (yet financially-responsible) views in order that you can safely read the column in a polling place without the gendarmes being alerted. We’ll also leave our clothes on, unlike some attention-starved wannabe’s.. After all the hype and BS about this being the “most important election … Read More
First a (Whiny) Reader Note: Again, we are posting in sections this AM because our [alleged] internet provider here in the Outback (CenturyLate) has not yet repaired our malfunctioning DSL lines. CenturyLate alleges techs will be working on it today. We’re not totally optimistic. Pardon me if the tone of my commentary on this degrades … Read More
No, we’re not talking about Florence here, when we talk about the Big Blow-Over. No, we’re pondering if and when the economy which has been in a massive recovery since 2009 will finally hit its zenith and will begin the next cyclical decline. Thing is – and I’ve mentioned this to your before – there … Read More