SPY & DIA holding up, but the breadth and volatility of the NASDAQ feels ominous. We haven’t seen this kind of action since July 2015, about a month before a memorable flash crash. Broadly speaking, when the blue line rises above the red, stay long stocks (SCHB). If red gets above blue, favor bonds (SCHZ)….
Looks like WordPress has put together a nice app to enable blogging from the phone… Maybe this will bring back the stream of barely literate drivel I used to write. Prepare for an ill conceived meditation on markets, machines and mainstream perceptions of reality. I’ve decided to do away with the process of editing, so…
Who controls the past controls the future; who controls the present controls the past. -George Orwell, 1984 Despite my failure to regularly update this blog, my latest endeavors require that I express cogent thoughts on a topic that has held my fascination for the past several years. Old visitors to this space know that I…
Well the bounce was short lived and we are back to murdering longs with tales of Greek default and collapsing communists. Until the ECB can get member countries on the money printing wagon, Europe will continue to hemorrhage, killing Chinese prosperity and any hope of recovery. The Almighty Dollar will rise like a phoenix from…
Despite Wednesdays weakness, markets look like they are consolidating and may be ready for a push up, despite a collapsing FUCKBOOK and other gut churning news. As the chart above illustrates, the percentage of bullish stocks is beginning to rise relative to the volatility of the S&P500, offering a low risk entry for index buyers….
Not surprising but worth noting, TLT is showing up on my list of rising products with large short positions, coinciding with the Bullidex making fresh lows as the markets continue to weaken. Stay liquid.
View Post Bullidex for May 5 20012 Hey folks, I haven’t been on the box for quite some time, but I just wanted to make a small observation about the US markets. It looks like the ride up the ol’ S&P 500 is coming to an end as the Bullidex is now trading below a…
Dilbert Daily Strip via Comic for September 10, 2011.
Setting up my own website and email is turning out to be easier than I expected. Unfortunately, creating content is not, but expect regular updates as I undress my virtual avatar for the leering trolls on the interwebs.