March 22, 2023

The Most Critical Fed Meeting So Far

The one word I'm not hearing anyone use to describe the banking crisis is "accounting."
March 22, 2023

Semiconductors Looking Strong

The price moved up through the neck line (light blue line), setting up a price target above the neck line equal to the distance of the move from the head to the neck. 
March 21, 2023

Off to the Races

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.
March 20, 2023

Well Worn Path

Right up to that point, stubborn inflation and an economy still showing signs of life were expected to force the Fed to continue its inflation fight. But then something broke.
March 20, 2023

Your Monday Update on AAPL

Looking at the MACD… it’s looking bullish. But again, with the recent bankings news… I’m keeping an eye on that $157 mark. 
March 20, 2023

More Downside Ahead

Over the past few weeks I’ve referred to the scarcity of good quality setups as one of my guides. In the last two weeks my main take has been that the market was not ready for a new upswing, and chaotically bouncing around the Key Levels was more likely.
March 17, 2023

The Spiralling Cost of the Dollar Status Quo

Each successive crisis or government imperative doubles the cost of bailing out the economy. And each bailout creates more dependence and fragility. It allows unavoidable risks to fester and grow.
March 16, 2023

Private Profits, Public Risk

This is the setup for the hyperinflationary crack up boom - skyrocketing stock prices alongside skyrocketing inflation - I’ve viewed as inevitable ever since the Federal Reserve abandoned any and all constraints on money supply back in 2008.
March 16, 2023

Hooray Bailouts

On one hand, bailing out the banks ostensibly saves us all from a terrible crisis.  On the other hand, “Um, why are we bailing out these idiots who were so careless with our money??”
March 15, 2023

Regulatory Whack-a-Mole

Now, I know it’s tempting to point to the usual suspects listed above. But they ultimately draw power from voters. Voters that never fail to fall for political schemes, solutions, pandering, and burden shifting.
February 20, 2023

The Road Always Taken – Don’s Daily Brief

Counting all U.S. Treasury’s bonds, notes and bills outstanding, the U.S. Government has $31 trillion in debt. But that’s only a sliver of the promises the government must keep or break.
February 16, 2023

Small Surprise from PPI… A Bigger One from Retail Sales – Don’s Daily Brief

I cover the market’s reaction to PPI (underwhelming), retail sales numbers… and the performance of our recent Daily Picks.
February 14, 2023
Mixed CPI results

A Little Something for Everyone in Today’s CPI Print – Don’s Daily Brief

CPI results are giving mixed signals. But with both stocks and bonds down sharply (at least for the moment) the ball’s in the bears’ court.
February 13, 2023

What the Shiller PE Chart is Telling Me About This Market – Don’s Daily Brief

The markets aren’t really giving us much to go on here. We’ve got C.P.I. tomorrow, […]
February 9, 2023

2 Clear Signs This Market is Unhealthy – Don’s Daily Brief

Next week: CPI is coming out again. We’ve got around 5.6% as the estimate on […]
February 7, 2023

Powell To Go Hawkish In Today’s Speech? — Don’s Daily Brief

Fed Chairman Powell speaks today a bit after Noon Eastern. I think he’s going to […]
February 6, 2023

This Artificial Intelligence Pick Has Come Up Too Fast. (Short Opportunity) — Don’s Daily Brief

Quick question: Who had natural gas at $2.43 in the middle of winter? We were […]
February 3, 2023

Recording Breaking Job Market Must Have The Fed Rattled — Don’s Daily Brief

Non-farm payrolls came out at 517,000 — that’s twice the number that it was last […]
February 2, 2023

European Central Bank Shifts Footing In The Interest Rate Battle — Don’s Daily Brief

The Bank of England (BOE) and the European Central Bank (ECB) both hiked 50 basis […]