Lee Adler December 22, 2025
Most AI enthusiasm assumes businesses will invest heavily, expecting AI to replace labor or generate large efficiencies. In practice, deployment rarely produces consistent cost savings or productivity gains. Instead, AI is increasingly a consumer-oriented product: a digital companion for brainstorming, conversation, distraction, reassurance, and even entertainment– AIFans
The chart patterns “look” bullish to this old observer, but there’s absolutely nothing in the cycle structures or projections to suggest that a breakout is imminent or even likely. The market is tapping the top of its range, but it needs to prove that …
Subscribers: Download the full report here The screens generated multiple buy side setups this week but the majority were biotech, which are not reliable in…
Liquidity remains adequate, but historically stretched. Markets are still functioning smoothly, but the system is increasingly fragile because asset prices are being levitated by financial debt-driven money creation resulting in never-before-seen pric…
Short term cycles are due to consolidate while intermediate cycles remain in up phases. Projections now point to xxxx in the short run, and xxxx in Q1 of 2026. The price would need to end this week below xxxx, or below xxxx at year end to break the up…
Subscribers: Download the full report here The screening method is geared to swings of 3-4 weeks. The screens generated nothing of interest this week, with…
The market remains rangebound and directionally uncertain. Key indexes are stalled at well-defined resistance levels while multiple cycle measures show waning upside momentum without confirming a breakdown. Signals point to continued churning unless re…
The Fed announced it will buy $40 billion per month in T-bills under something it calls “reserve management purchases.”
This is QE in function and effect. The reserve requirement is zero; therefore “reserves” is a deliberate misnomer and obfuscation. T…
Short term cycles are due to consolidate while intermediate cycles remain in up phases. Projections now point to xxxx in the short run, and xxxx in Q1 of 2026. The price would need to end this week below xxxx, or below xxxx at year end to break the up…