Newsletter

Holiday week!

To be blunt, we have been at this for a good long time, but the central bank-induced action we have been seeing as of late

Holy s–t!

We have studied every bull and bear market since the stone age. We have seen most everything. But we have never experienced the printing of

Fed + end of year = rally time!

Leave no doubt, the end of the year combined with a Fed that will never ever ever raise rates…and we get juiced off support for

More yuck!

Less is better! Markets remain under distribution. Rallies are sold off on an intraday basis. The NDX was really weak on Monday. Breakouts have been

Here is another big bubble!

We have told you for quite a while that the biggest bubble in history is the bond market. Central banks have spent trillions to keep

Pullback continues!

We came into yesterday thinking a pullback was at hand. At 10 am, we were not so sure. But the reversal and this morning’s open

Yuck!

Yesterday’s action showed markets are now in pullback mode. Recent highs could not be taken out with sellers now overtaking buyers.  The worst areas are

Another big tail day.

Beats the heck out of me what happens Wednesday but when : The nasdaq is down 70 early and finishes up 25… The dow is