Ok. I’m cheating. I have a secret weapon. My muse. Mella. She of the Big Short II fame. Like all of you we’ve been analyzing where this move may bottom or at […]
Sometimes technicals work so brilliantly it just has to be pointed out. A big rally was going to come. After all we’ve had the most oversold readings ever on some measures and […]
When a house is on fire nobody has time to think about the future. All effort is on extinguishing the fire and save what’s left. That’s the Fed’s role right now dousing […]
No market video this weekend as my wife has threatened to quarantine me to the woodshed if I put the time into a producing a video. No, she’s right, time to decompress. […]
We’re in the midst of the most volatile market environment in our lifetimes. Even more so than 2008. The daily noise is incredible, with headlines nonstop and wild price movements every hour […]
Markets continue to be in disaster mode the likes we haven’t seen since the financial crisis. Intra-day volatility as high as during 1929, $VIX nearly as high as 2008. Liquidations galore and […]
The lesson of it all? The lesson is that lessons are not being learned. Of course the human species has an ingrained problem: We are all born with a blank sheet and […]
KISS. Keep it simple stupid. Mella has perfected the art. My turn to give it a shot. Why? Because markets are very complicated and uncertain right now and when things are complicated […]
We just witnessed a global collapse in asset prices the likes we haven’t seen before. Not even in 2008 or 2000. All these prior beginnings of bear markets happened over time, relatively […]
Nothing speaks of panic more than a gamble doubling down after a losing trade. And that’s what the Fe dis doing here. After seeing their emergency rate cut of 50bp going over […]