Magic indeed. From last week’s brief: “For next week bulls have the opportunity to ramp markets anew for OPEX week as these weeks tend to be more favorable than not. The goal […]

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After 8 weeks of none top rallying the bear mocking is back which is ironic. Why? Well, because bears are right. About what? Well, everything. Yes stock markets have been screaming higher […]

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A rally that has largely been driven by central bankers turning dovish and a daily dose of China hopium headlines has run into trouble this morning as retail sales have stunk up […]

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Markets are red hot, but it keeps getting downright frosty in macro land. Bulls will say none of this matters because an easy Fed trumps fundamentals. And that may turn out to […]

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$VIX 50+ Target. Do I have your attention? What I’m about to share is not my chart, it’s the Vixen’s chart. And when she posts charts of the $VIX I’ve learned to […]

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One down day a bear market does not make, but I’ve been analyzing a lot of market structures lately and have been outlining some of them in context of larger counter rallies […]

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From panic to greed in 6.5 weeks. Markets are racing toward their 200 day moving averages following a 400+ handle rally on $SPX off of the December lows. What do the signal […]

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Something doesn’t add up and it smells. If you read Fool me Twice you’ve probably sensed that I’m not all that convinced by the “there won’t be a recession” line of argument. […]

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There’s no risk of a recession. Everybody says so. Fed Chair Jay Powell says so. Mario Draghi says so. The IMF says so. There seems to be a lot of coordinated certainty […]

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Before I go into charts some things just have to be said: All pretense has been laid to rest. Bears have been proven right. Markets are managed by a central planning committee. […]

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