If the US facing stagflation? Or, maybe it’s already there. Like artificially low interest rates and all-time highs in the stock market, the official economic data isn’t exactly alarming. But, where’s the growth? Where’s the spending? Maybe, just maybe, the official data doesn’t paint a very accurate picture. It doesn’t take an economist to see … continue reading →
Monthly Archives: April 2017
This is day 8 of our membership promotion, running now through the end of the month for members and non-members alike. We’re offering a 25% rebate off the first month of Monthly and Quarterly auto-renew subscriptions. Annual memberships are available at a very substantial discount (rewarding those who act quickly!) Remember, the annual pricing is … continue reading →
After a furious VIX-inspired rally the past two days, futures are dead flat. VIX’s continuing slump (-1.4%), USDJPY’s continuing ramp (+0.32%) and WTI’s continuing threat to break its SMA200 (-1.0%) seem to have perfectly balanced one another out.Depending on whom you ask, Trump’s tax plan due out later today will either provide a nice spark … continue reading →
Is Caterpillar’s gap higher the real deal or a dead cat bounce? There was an interesting post on Zerohedge this morning discussing its earnings. GAAP versus non-GAAP made a huge difference, as is so often the case these days. Because while CAT reported adjusted EPS of $1.28, up exactly 100% from a year ago – … continue reading →
Yesterday, VIX experienced its 4th biggest drop ever, plunging 25.9% from Friday’s close even though France’s election delivered the very same results that just about everyone expected. It has dropped even more this morning, and is now off 33.3% from Friday’s highs — despite the fact that there’s the potential for war on the Korean … continue reading →
SPX has seen two bullish IH&S Patterns busted over the past two weeks. They came close enough. The latest even completed last Thursday before fizzling after the overnight ramp fell apart under scrutiny of the mounting risks in the markets. But, there’s nothing like a 1%+ gap higher over a weekend when investors are already … continue reading →
CLICK HERE for details on our new membership promotion. The faster you jump on it, the more you save! * * * SPX reversed at the very last possible moment, yesterday, before the meltup could be labeled a breakout. For now, we remain nervously short from 2361.32 for what should be at least a 10-pt … continue reading →
Our first quarter total came in at 26.17% versus 5.53% for the S&P 500. This brings our average monthly return to 8.39% for 2017 YTD and to 14.58% for the period since Jan 2015. While Q1 returns were lower than those earned in 2015 and 2016, there has been significantly less volatility these past few … continue reading →
Note: First quarter 2017 results have been posted. For the latest, including news about a membership promotion starting today, CLICK HERE. Sometimes you’re the windshield, Sometimes you’re the bug. Sometimes it all comes together baby, Sometimes you’re a fool in love. Sometimes you’re the Louisville Slugger, Sometimes you’re the ball. Sometimes it all comes together … continue reading →
Another ramp job last night, this one courtesy of USDJPY – which is conveniently back above its SMA200. VIX, which was hammered over 12% off yesterday’s highs, is curiously on the rise. Could it be that this ramp job isn’t meant to stick? It’s been a while since we had a nice pop and drop. continued … continue reading →