Rome is Burning

The disarray out of the Trump administration continues, with Navarro spewing a stream of consciousness word salad on CNBC this morning while Trump spent the weekend working on his golf game. ES is off another 3% this morning, but has been all over the map – even backtesting our 4859 target at the IH&S it … continue reading →

Unforced Errors

Futures are off nearly 4% in the wake of Trump’s announcement of very severe tariffs which nearly everyone outside his administration agrees are a huge mistake. It’s merely the latest unforced error that this brain trust has unleashed on the economy and the markets. ES has reached our 5501 target, with more to come. continued … continue reading →