Radio show post!
SOURCE: https://www.mediafire.com/download/yypqrzoyxaxcgym/150108.output.mp3
The Fed does it again!
Fed minutes basically saying they’ll let us know. ECB about to do a trillion and last night we get Chicago Fed’s Evans quote: “”raising rates would be a catastrophe,” Futures immediately soared. 4% corrections now too much! As we write this, in 1 day and 45 minutes, the market is back to even for the…
Short term oversold but damage being done!
Put/call numbers are spiking. Bearish talk showing up. Vix back near recent highs…and price down a little far a little fast. This can set up conditions for a bounce. After all, just about every time market looked in big trouble in the past couple of years, it just turned right back around. This time? Very…
Don’t worry! There is always QE4!
Disclaimer: No matter what the market has done the past few years, central banks have stood at the ready with words of more easing or downright easing. As we watch markets get in trouble again, just think back to how bad October was. That was a topping process that turned into a top that turned…
Distribution shows up!
For just today,this report is cooler than the other side of the pillow! Distribution is showing up. Major indices are reverting back to their reverting back to their respective 50 day moving averages. A break below should be reviewed as that would mean many underlying stocks are doing the same. We remain bearish on a…
Friday report!
Friday report…not! We will let whatever happened Wednesday and whatever happens today play out. Lots of jello moving on the plate for end of year positioning. We will be back to our regular thing this weekend. Again, hope you all have a wonderful new year. Knicks are 5-29!
The final word!
First off, my staff and I wish you a happy happy new year. The Knicks are 5-28. Several things stood out as muy importante to us this year. CENTRAL BANKS- Central banks continued to maniacally print money. Leave no doubt, it was not a coincidence that when Yellen stopped the printing, Japan and Europe started….
The Knicks are 5-28.
Just thought I would throw in the Knick’s won-lost stats as the market went into a coma yesterday. As I write this, futures are actually down as Asia and now Europe sell off overnight. What? You mean markets are actually down? After all, Germany/France 10-yr yields hit all-time lows of 54 & 83 bps. Yes…that’s…
Weekend market report!
As we enter the final stretch of the year, the major indices are enjoying the end of year move we expected. This same thing occurred last year with the market topping the first day of 2014. You are hearing it every day. Major indices in new high ground. We will not argue but for those reading this…
Putting smiles on kid’s faces! Happy holidays!
SOURCE: http://www.myfoxorlando.com/clip/10977650/boys-and-girls-club-spread-holiday-cheer