Monthly Archives: July 2020

Why Are Stocks Rallying Despite the Economic Collapse?

Yesterday the U.S. reported its worst ever quarter for economic growth a whopping 9.5% contraction that comes to an annualized pace of 32.9%. Stocks actually rallied on the news. The S&P 500 bottomed soon after the report was released. It worked its … Continue reading

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Jerome Powells Wants Another Bubble…And He’s Willing to Do Whatever It Takes

The stock market roared higher when Fed Chair Jerome Powell announced… 1)    The Fed will hold rates near zero for the foreseeable future 2)    The Fed is extending its dollar repo and swap line to March 31 3)    The Fed … Continue reading

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Bubble Watch: The Fed Is About to Give Wall Street Another $2.1 Trillion to Play With

The stock market roared higher when Fed Chair Jerome Powell announced… 1)    The Fed will hold rates near zero for the foreseeable future 2)    The Fed is extending its dollar repo and swap line to March 31 3)    The Fed … Continue reading

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Is Gold Going to Call the Fed’s Bluff?

The Fed now has a major problem on its hands. That problem is the fact that gold is ripping higher. Americans see gold as a measure of inflation. Food prices, car prices, home prices, stock prices, practically the price of … Continue reading

Posted in Inflation | Comments Off on Is Gold Going to Call the Fed’s Bluff?

The Fed now has a major problem on its hands. That problem is the fact that gold is ripping higher. Americans see gold as a measure of inflation. Food prices, car prices, home prices, stock prices, practically the price of … Continue reading

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The Fed is Now Cornered… And What Comes Next Determines Everything

The Fed now has a major problem on its hands. That problem is the fact that gold is ripping higher. Americans see gold as a measure of inflation. Food prices, car prices, home prices, stock prices, practically the price of … Continue reading

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Gold Goes Parabolic, While Stocks Chop… What’s Next?

Stocks are up this morning as the $USD plunges. The S&P 500 is chopping around overhead resistance (red line in the chart below). It feels like a lot is happening on the surface, but once you look at the chart … Continue reading

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Gold Just Hit a New All Time High

Stocks are up this morning as the $USD plunges. The S&P 500 is chopping around overhead resistance (red line in the chart below). It feels like a lot is happening on the surface, but once you look at the chart … Continue reading

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Silver, Not Stocks, is Breaking Out. Here’s How to Play It

The market finally poked its head above major resistance (red line in the chart below) yesterday. We now need to wait to see if there is follow through today. For certain stocks remain in an uptrend (blue line in the … Continue reading

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This Unpopular Investment is Exploding Higher… Here’s How to Profit From It

The market finally poked its head above major resistance (red line in the chart below) yesterday. We now need to wait to see if there is follow through today. For certain stocks remain in an uptrend (blue line in the … Continue reading

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The Real Plan for Wealth Taxes Isn’t 2% For Billionaires… It’s 10% for EVERYONE

As I noted in yesterday’s article, congresswoman Alexandria Ocasio-Cortez (D-NY) will be the public figure in charge of selling the American people on a “wealth tax.” President George W. Bush sold America on the Patriot Act. President Barack Obama sold … Continue reading

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No, the Wealth Tax Won’t Be Just For Billionaires… It Will Be For You and Me as Well

As I noted in yesterday’s article, congresswoman Alexandria Ocasio-Cortez (D-NY) will be the public figure in charge of selling the American people on a “wealth tax.” President George W. Bush sold America on the Patriot Act. President Barack Obama sold … Continue reading

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Bush Sold the Patriot Act, Obama Sold Obama Care, Ocasio-Cortez is Selling Wealth Taxes

Yes, the political elite really are coming for your money. Over the weekend, congresswoman Alexandria Ocasio-Cortez (D-NY) called for a wealth tax on New York billionaires to “benefit working class” New Yorkers. Why does this matter? How is this any different from any other politician … Continue reading

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Alexandria Ocasio-Cortez and the Coming Cash Grab For ALL Americans

Yes, the political elite really are coming for your money. Over the weekend, congresswoman Alexandria Ocasio-Cortez (D-NY) called for a wealth tax on New York billionaires to “benefit working class” New Yorkers. Why does this matter? How is this any different from any other politician … Continue reading

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The Bears Fumbled Yesterday… Will They Recover or Is It New Highs?

Stocks dropped hard over the last 36 hours, but the buyers stepped in and aggressively bought the dip mid-session yesterday. On the surface, the price action felt exciting. But the reality is that Tech Stocks had slammed into resistance at … Continue reading

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Three Charts I’m Watching For Signs of a Major Pullback

Stocks dropped hard over the last 36 hours, but the buyers stepped in and aggressively bought the dip mid-session yesterday. On the surface, the price action felt exciting. But the reality is that Tech Stocks had slammed into resistance at … Continue reading

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Yes, the Market is in a Bubble. And It May Have Just Burst.

The stock market is in a bubble. Actually, that statement is not 100% correct. SOME stocks are in a massive bubble. Other stocks are not even close. The bubble we are facing today is in large tech stocks. To prove this, I’m … Continue reading

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The 90 Day Debt Holiday is Ending… Now Comes the Bankruptcies

We are now entering the time in which the true structural damage caused by the COVID-19 pandemic will be revealed. Back in April when the economy was on lockdown, it became clear that many large businesses were in serious trouble. I’m specifically … Continue reading

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The Fuse is Now Lit on a $10 Trillion Debt Bomb

We are now entering the time in which the true structural damage caused by the COVID-19 pandemic will be revealed. Back in April when the economy was on lockdown, it became clear that many large businesses were in serious trouble. I’m specifically … Continue reading

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Is the Fed About to Crash the Markets? And Why Would It Do This?

Yesterday I warned that the Fed is “pulling the plug” on the markets. The explanation for this is simple. The primary driver of the stock market since the March bottom has been the EXTRAORDINARY amount of liquidity the Fed has … Continue reading

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