Author: Scott Welsh

If you study what triple-digit-return traders do, you find they trade “breakouts from a tight base.” Because when prices condense, that means an explosion is coming

Did mortgages drop? Not really. Is inflation is getting better? Nope. It doesn’t really make sense, but homebuilders are flying.

When rates are low, or dropping, tech thrives. It’s easy for tech companies to get money at low rates and, thus, it’s easy for fast-growing companies to expand. Rising rates puts a huge money crunch on start-ups (and tech in general), which is why we saw so much bloodletting in tech over the past year.

Back in 2008, banks were ignoring the houses foreclosing in their own neighborhoods while taking free money in the form of highly-leveraged derivatives based on false mortgage grades from suspect rating companies. This time it’s different.

It appears the crisis will be contained, but it won’t come without violent swings day-to-day.  Where does that leave us? With sore necks from watching the market’s wild up-and-down fluctuations.