Market Look

Veterans Day today. Remember why we celebrate. Futures are down. That’s not supposed to happen. Aren’t markets supposed to go straight up?  Just a few things we have told you in the past week and an update: Just about all our sentiment indicators have hit bright red bullish. These are contrary indicators so bullish is…

——The 2nd part of our equation is coming to fruition. The first part is a maniacally easier money Jay Powell who is printing more cake than Bernanke did when unemployment was 9% and in the midst of a financial meltdown. Remember, markets love QE, which is not only occurring here but around the globe. And…

SOURCE: https://www.wsj.com/articles/plant-based-meat-is-all-hat-and-no-cattle-11572997943?shareToken=st447f71c58fa742a79e8a27f61ba92f29

Futures up a wee bit. Markets felt a little popped yesterday but let’s call it no biggie. Markets are overbought while call buying has skyrocketed. So maybe a rest…maybe. Seeing distribution in utilities, reits and defensive areas while best moves continue to be in lower beta stuff that was dead for a long time. With…

Markets continue to stick after edging out of long ranges. Foreign countries that are in recession are at new highs. (EASY MONEY AND PRINTING OF MONEY MATTERS. The move is being led by everything that was dead for a long time. FINANCIALS, VALUE, CONSTRUCTION, INDUSTRIALS, CHEMICALS…while most growth remain dead or bearish. OILS are even…