We have written lots of Daily’s, not to mention, talked a lot about on media, the significance of the 23-month moving average.
Here are some past comments:
What has happened in the last 2 years? A bullish run in 2021 …
Last week I tweeted:
I believe the #commodities prices in food softs $DBA have bottomed. $GLD-well those who know me-that I pointed out bottomed months ago. $SLV now outperforming. That tells you something. Maybe even #oil. Get ready for the …
Friday:
Monday:
Over the weekend, our Daily covered 3 key ratios to help decipher the market action and the prevailing macro theme for the economy.
We started with the one between long bonds (TLT) and the S&P 500 (SPY).
All …
One of the best questions I got asked this week was how I can be long gold and long semiconductors at the same time?
Simple answer.
We love to take a position based on the macro which is why gold …
The Fed raised rates 25 bps The decision was unanimous.
The terminal rate projection is unchanged at 5.1%
FOMC statement modifies guidance: “The committee anticipates that some additional policy firming may be appropriate.”
My first tweet @marketminute this morning before …
The market buzz can be quite contagious.
“Market didn’t collapse on the bank news-must be bullish.”
“Yellen will save the day buy making sure depositors are safe.”
Yellen herself- “We have an economy that is performing very well.”
And of …
Is it here in the Russell 2000 (IWM)?
Check out the weekly chart.
The 50-week moving average just crossed below the 200-week moving average.
That is bearish.
The Leadership Indicators shows IWM well underperforming the SPY
Bearish
The Real Motion …
When we wrote How to Grow Your Wealth in 2023 we began with
Chaos
Trying to fit a square peg into a round hole.
Looking for Inflation in All the Wrong Places
Could we have known at the time what …
From our How to Grow Your Wealth in 2023 we featured the projections for the Economic Economic Modern Family.
We begin with the Granddad of the Family-Russell 2000 (IWM), In December 2022, we wrote this:
“The Russell 2000 IWM is …
Folks are calling the FED opening swap lines on the entire US Banking deposit base to the tune of $17.6 trillion as QE infinity.
Moody’s cut its outlook on the banking system to negative, saying that it is a rapidly …