Month: May 2022

Oh joy. President Biden is meeting with Jay Powell today. We’re thrilled. The man Powell, who screwed savers with 0% rates…to the rescue. The man Powell, who enabled and created massive bubbles and debt…to the rescue. The man Powell, who distorted all price and yield…to the rescue. The man Powell, who lit the fuse on…

Yes…we know it is the end of month window dressing period but window dressing is illegal so it does not occur. Another counter-trend rally/bounce. We thought one was close. The thought process was that in less than 2 months, the NASDAQ had dropped almost 25% FROM A LOWER HIGH and the S&P almost 18%. That’s…

The things that do not change: Every up day in the market and every reversal comes with the shouts of “the bottom.” There will come a time when they are correct. Keep in mind, when the DOW drops 2,000 points in a few days, it will bounce viciously. Rallies are sharp, quick, make you feel…