Stonks for the Long Hole 2/25/21

by Lee Adler • February 25, 2021

Bonds are crashing. Will stonks follow? My answer to that question since I began forecasting a bond crash months ago has been, Yes.

The question is when.

Read on →

Lee's Free Thinking, Must Read

Yet Another Comeback 2/24/21

by Lee Adler • February 24, 2021

S&P futures are mounting another comeback attempt this morning in Europe, aided by $55 billion in quasi QE from the US Treasury yesterday, with another $41 billion coming tomorrow and $25 billion next Wednesday. Just one problem –of many– the money ain’t going where the Treasury wants it to.

And that is a catastrophic problem for our financial stability.

Read on →

Lee's Free Thinking

Treasury Announces It Will Inject ANOTHER $25 Billion For $125 Billion Weekly Total

by Lee Adler • February 23, 2021

The Treasury will inject still more cash into the market, on top of the $96 billion it already staged last week. It announced on Tuesday (Feb 23) that it will do a third round of T-bill paydowns, this for $25 billion, settling on March 3. This is on top of the $55 billion that is…

Read on →

Lee's Free Thinking

Bomb Crater 2/23/21

by Lee Adler • February 23, 2021

In WW2, the Allies- US and Brits, bombed the crap out of the neighborhood where I currently live. Here’s a little background about my neighborhood. And speaking of bombing, take a look at this market in the wee hours this morning.

Read on →

Lee's Free Thinking

Ugly Head 2/22/21

by Lee Adler • February 22, 2021

And shoulders over 3 weeks. Completed, and busted. The thing measures to about 3805. The 5 day cycle projection points to 3855-70. But there’s a fly in the bear’s ointment.

Read on →

Lee's Free Thinking

Treasury Announces It Will Inject ANOTHER $41 Billion Next Week

by Lee Adler • February 19, 2021

The Treasury is injecting more cash into the market. It announced today that it will do a second round of T-bill paydowns next week, adding another $41 billion in T-bill paydowns, to be settled on February 25. This is on top of the just announced $55 billion T-bill paydowns settling on February 23.

Read on →