Newsletter

Our main thought on 9/11 is not only to never forget but know there are others that would do the same. It tells you how fantastic our security apparatus is. What you have just seen in the past 2-3 days is the largest 2-3 days reallocation from momentum to value we have seen in ages….

The nascent topping of SOFTWARE turned into a route yesterday as the big money dumped the heck out of the group.  A bunch of names down $5-25 as the air came out. Take a listen to yesterday’s radio show for the explanation on why. The short version…in late stages of a bull move, the big…

Futures are up. What else is new? We are heading into massive easing by the ECB and more easing here. Do not worry about anything else. (sarcasm) But the most important part of the equation is that the big 4 are now above the 50 day. The SOX is above the 50 day. We promise…

Market strong yesterday on better than expected numbers. Market gets worse than expected numbers this morning. Still up a wee bit. Let’s see how this finishes but get the hint. On Wednesday, Bullard (Powell’s mouth piece) called for 1/2 point cut. We shall leave it at that as the big 4 back above the 50…

Another gap? Another gap to the upside? Another gap on another bit of news on China? Another gap on news of another meeting with China? Another gap on another meeting that may or may not happen with China? What’s the number? 30, 40, 50 meetings or announcements of meetings in the past 15 or so…