I’m struggling to find a different way to say the same thing again… Ah, the hell with it. The 10-12 month cycle projection is...
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A sudden sharp decline in stocks may not thrill retail investors, but it would be catnip for big trading desks that used the melt-up rally to get short.
One of the more useful Wall Street fictions is the naive notion that big players and small-fry...
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The “smart money” has been buying up farmland hand over fist for the past few years and you can see how they helped drive up land prices in the U.S. heartland. Some think this is the place to be if the shit really hits the fan. Not gold,...
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Adam Smith. Father of capitalism. Coined "the invisible hand." Wrote the oft referred to but rarely read, "Wealth of Nations."
He was also a deeply odd guy who mumbled to himself in public, lived with his mother until she died and ordered all of his...
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Armstrong's turn date has arrived, by the way.
But markets might need another month or two to sort things out I've been thinking.
But perhaps not . . .
Silver Preparing For Another Shock And Awe Move
. . .
The only hitch in the setup at this poi...
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It is my belief that the stock market is getting into a steep down channel pattern (see chart) . There simply isn’t the kind of sideline cash on hand to reverse this. There is zero, and I mean no indications that smart money is even remotely moving into stocks. There is a big need...
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We now have an inkling of how the Treasury will handle the paydown of $185 billion in Treasury CMBs. It will turn what would have been a horrendously bearish period into something less so, but the respite will be temporary. At the very least, it should give the smart money the opportunity to tiptoe...
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I don’t know why anyone would think of the PDs as the smart money. After all, they were the ones who caused the financial collapse. Of course, all the big shots did get their bonuses, so maybe they’re not so dumb. Click here to download complete report in pdf format (Professional Edition Subscribers). Try...
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The market has put in a classic head and shoulder action (chart from Bespoke), and looks nasty. Yes, sometimes these patterns are set ups to suck supply out for smart money accumulation, except to my eye I see no compelling reason to treat such action “as a buying opportunity”. Although it could change, smart...
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The more the Fed buys, the more the market offers to sell it because everyone is on the same side of the boat, long and wrong. The Fed is the only buyer in size out there. Unfortunately for the market, the Fed only trades with the Primary Dealers, and they are in desperate shape,...
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