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 …
Given the recent liquidity crisis in the banking sector, Tuesday morning’s CPI number could be an important driver in the Federal Reserve’s next move March 22nd.
As per the report, How to Grow Your Wealth in 2023, “The Federal Reserve …
On March 7th, we asked Will the Market Internals Turn More Bearish?
While we focused mainly on Jerome Powell’s testimony, "If the totality of the data were to indicate that faster tightening is warranted, we would be prepared to increase …
We could call this “3 Days to All Hell broke loose.”
We could call this “We told you so.”
We could call this, “Welcome to the incredible forecasting of the Economic Economic Modern Family.”
We could call this, “Hello delusional …
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