Markets

–We promised ourselves years ago that we would try to see the world. We have been everywhere around the globe. But we must tell you one of the places we were moved most was Normandy where they are currently signifying the 75th anniversary of D Day. Go there. Get there. It is an easy train…

–Back in December, in the depths of the market nausea, we started to hear trial balloons that the Fed was changing their stance. They were raising rates and their talk was of raising a few times in 2019. We stayed bearish all the way down for obvious reasons. And then, it happened. Live on tv,…

Somewhat of a mega-cap tech slaughter yesterday off of potential investigations. They got the FB, AMZN, GOOGL but also got all the leading software names…where a bunch are no longer leading. Of course, an “on purpose” word of easy money by Fedhead Bullard stanched some of the bleeding. If nothing changes, we expect a rate…

Last week, yuck. Last month, yuck. The only thing emerging right now is GOLD and GOLD STOCKS as they came up the right side on heavy volume Friday. Markets are deeply oversold but oversold can become more oversold. Of course, we also have to deal with the next tweet and maybe the next tariff. The…

Tariff man strikes again. This time…Mexico. Futures down. Yields down. Energy prices down. Yippee! Enjoy the day. Will have complete technical report this weekend.