{Readers are encouraged to log in for updates) 05-10-21 Tech stock correction is bringing the broader market lower. The SP record highs above 4200 have reversed once again and are pushing well into the critical support zone. Risk is rising that the expected late April/early May top is in with…
The top 3 stocks by market capitalization on the planet are Apple, Microsoft and then Amazon. With a combined value of almost $6 Trillion, more than the entire value of the Japanese stock market, investor reactions to their quarterly results are worth watching. While the old adage of Buy the…
{select comments} 04-28-21 The Dollar decline & US/Euro reopening progress have sent commodities soaring. Tuesday was a 9 month Bull climax high in Ags. Lumber has gone parabolic (up >400% from 2020 low) and Copper is on its way to all time record highs. Pullbacks in May/June should be buying…
It’s an old political game: never let a good crisis go to waste. Under the guise of desperate times require desperate measures, politicians use every financial crisis to create costly spending programs lasting for years beyond the crisis. Both parties use the power of the Government purse in every Recession….
In 1982 Prince wrote his iconic song, Party Like It’s 1999 in part to mock the early 80’s period of extreme economic pessimism and heightened fear of nuclear Armageddon. The 1999 date was the biblical end of times – end of the millennium – thus the clarion call to party…
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