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 24, 2023

Don’t Ask Permission

"Cypherpunks write code,” and Eric Hughes Manifesto let the world know they wrote code to make encryption – and the “anonymous transaction systems that it makes possible” – available to anyone who wanted it.
February 25, 2022

Facts as Weapons

We find ourselves in the middle of a war.  I’m not talking about Ukraine – […]
February 23, 2022

Incentive Fundamentals for a Token Economy

Blockchain is more than code – it’s digitized economics.  Protocols like Bitcoin, Ethereum, Cardano, Filecoin, Zcash, […]
February 16, 2022

The Absurd Ignorance of One-Dimensional Minds

In an unconstrained world, everyone can achieve their optimum. You love steak, but so does […]
February 4, 2022

Ideas Matter

The equity value represented by all stocks traded around the world adds up to about […]
February 2, 2022

DLT Ain’t Crypto

A few years ago, I stepped back from investment advisory work and took some time […]
January 28, 2022

When Tightening Isn’t Tightening

Twenty-two years ago, my soon-to-be wife and I upped stakes and headed out to California. […]
January 26, 2022

The Many Faces of Inflation

Within language, there lies a trap.  The political left branded themselves “liberal” during FDR’s term. […]
January 21, 2022

The Bearish Case for Oil

Oil markets have been on a tear.  Over the last year, prices have traded from […]