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We stated on radio yesterday that we thought we were hitting a short term wall. This was based on sentiment going coast to coast but also lots of tails to the downside yesterday off of very extended short-term conditions. We must tell you a pullback/correction/sitting would be terrific at this point. It sets things up…

We are back home from our 11 day trip to Israel and Jordan, our 2nd time to Israel and 1st time to Jordan. We visited Petra, Jordan on a day tour. Petra “is a famous archaeological site in Jordan’s southwestern desert. Dating to around 300 B.C., it was the capital of the Nabatean Kingdom. Accessed…

Just a few minutes ago, Amazon announced that they were telling the local politicians around NYC to take a flying leap. Actually, that is not what they said exactly but nevertheless, Amazon announced that : “For Amazon, the commitment to build a new headquarters requires positive, collaborative relationships with state and local elected officials who…

So we have had a little pullback the past few days. It is being reported that: Europe is in recession. Earnings are going to be flat year over year, coming down markedly over past months. Total debt will hit $22 trillion real soon. China’s economy is heading south quickly. What happens? We get a nice…