Category Posts

Mar 223 min read

The Third Wave Down

In this post I will discuss technical (chart) analysis, and a small corner of the charting world called "Elliott Wave Theory" (EWT). Many...

Mar 212 min read

Rational Exuberance

Powell is the new Greenspan. It was Fed chairman Alan Greenspan who began the legacy of bailing out the stock market at the first sign of...

Mar 143 min read

Y2K Deja Vu

This week is the anniversary of the infamous Dotcom bubble implosion, so it would be highly ironic if this last Tech bubble is ending at...

Mar 112 min read

FOMC: Fear Of Missing Crash

This is a special report to discuss the FOMC meeting scheduled for next week, March 19th and 20th. But first, this was the Barron's cover...

Mar 74 min read

The Perfect Storm

In markets as in real life, the crazier things get the more human beings attempt to "normalize" absurdity. It's a form of mental defense...

Mar 43 min read

The Super Minsky Moment

When Nassim Taleb coined "The Black Swan Event" he did Wall Street a huge favour - He gave them plausible deniability to ignore all risk...

Feb 293 min read

Financial WMD

This is the monthly market report for February 2024. This is all an experiment in maximum financial idiocy. The results of which are TBD....

Feb 273 min read

The Casinofication of Markets

Over the weekend Warren Buffett remarked that markets were increasingly resembling a casino. He came up with several different plausible...

Feb 223 min read

Artificial Intelligence. Strong Buy.

This is the weekly market summary for the week ending February 23rd, 2024. Last week I wrote about the AI Supernova. That rally peaked on...

Feb 194 min read

Housing Pandemonium

This article is a follow-up to my first post on the housing market. In the last article I showed the long-term home price index for the...

Feb 163 min read

AI Supernova

This is the weekly market report for the week ending February 16th, 2024. It's been a crazy week. Hard to believe but the AI melt-up that...

Feb 94 min read

The End Of The Hype Cycle

This is the weekly market report for week ending February 9th, 2024. My overall hypothesis is that extreme asset inflation is obscuring...