Markets

—-Mr. Bluster strikes again.—- —-We have taken some heat in recent weeks when we take on this president for changing his mind based on the market and its moves. Sorry! We do not want a president who would change economic policy off of a few percent to the downside. You don’t believe us? How many…

Uh…yesterday was a bad day. Yesterday, the big 4 indices could not get back above the 50 day and now look headed towards the 200 day. The 200 day had better hold. China/Hong Kong is a problem. We are with the people of Hong Kong but not when they shut down the airport. They only…

We might as well wait until every morning before posting here as so many things change overnight. Hong Kong airport closed down. This affected our open. Why? Beats the heck out of us. Markets here are simple…becoming messy. Fewer and fewer names working. More and more names rolling over. Foreign markets remain much weaker. Small…

They say here in Orlando that we have some of the greatest roller coasters in the world as Orlando does have quite the few amusement parks. But they have nothing on this market, nothing on a tweeting president, nothing on a central bank as they continue to move markets on a dime. Markets used to…

The script continues. Every time markets get in trouble, the fed starts the easy money rhetoric. If it doesn’t work a first time, try a second time. Two days ago, it was Bullard. Yesterday, it was Evans. None of this is by accident. Here is  how we believe this plays out: If markets ignore the…

If markets continue to plunge and more importantly, if yields continue to plunge, expect the fed to act imminently. There is no way they will wait 6 weeks (the next fed meeting Sept 25-26) to lower rates if this continues. As of this writing, our 10 year yield is now down to 1.64%. Fed funds…