Month: March 2019

-I am open to anything. I am open to all points of view. I pick apart all points of view. I trust no one in Washington DC. They have earned my ire and should have earned your ire by now. After all, there is no better evidence than $22 trillion of debt and trillion dollar…

  -End of quarter.- -Recent pullback anemic forming bullish wedges. (This simply means you draw a line from about 10 pm down to 5 pm. The DOW is the weakest but that has a lot to do with BOEING. (BA)- -Yields are oversold and stretched to the downside along with financials. Bouncing this morning.- -Bullish…

Futures up a few pennies after being down throughout the night. Then the usual planted story about China trade comes out and futures rally back up. Yesterday, not so good but could have been a lot worse as a late day rally cut losses. So far, pullback but not the most harsh pullback. Yesterday, they…

Mushy day yesterday. More narrowing of market but so far, just a pullback overall. Of course, we still have to watch the recent cliff dive in financials as well as long term yields…which continues this morning as the 10 year at 2.402 as we write this. More central banks turning even more dovish as economic…

Mushy day yesterday but no more real damage after Friday. Yesterday, we told you the usual that we tell you at the end of every quarter: “This week is end-of-quarter, window dressing week. Of course, window dressing is illegal so does not happen. It usually has a positive bias but right now, lots going on.”…