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Market Review Tech folks fear the gig may be up and long-term investors are rotating out of Tech and into growth Brick and Mortar. How long has it been since we’ve heard that? Google is looking spotty. Anything can change in a day or two. The American Jobs Act and other billion-dollar expenditures are on the table. I’m not really seeing that the SPY, DIA and QQQ are reflecting tick for tick  the price movevent of their components. They were supposed to be proxies for the components. It’s...

That’s not just the end of the wall, it could be the end of our country. There is some talk, they may start back construction next week… The FED said they did not see inflation yet, just a small transitory. A brief duration. Temporary, the transitory nature of earthly joy. Tending to pass away, not persistent. Like life after 2019… In the Pros and Numbahs, I’ve been talking bout how the prices of commodities are soaring at record highs. Last night, on the Denver Channel news, they had a...

May you live in interesting times. If you haven’t noticed the world is changing. I mentioned a few weeks ago they were going to disclose some UFO videos and tonight they released them on Fox. They look like ours, but who knows. They talked about packing the court. And now, some of my friends are starting to tell me they are starting to see 5G light poles pop up around their neighborhood. Yes, the times they are a-changing. Oh, don’t get me started on Bitcoin and the potential of losing the ...

Is the glass half empty or half full? We are in the wake of another round of trillion-dollar expenditures and folks are talking about devaluing the dollar as China and Russia scheme to unpeg the dollar with their own. What does Wall Street do? What did Nero do while Rome burned? Not sure if folks know if a Trillion =  a million million (1,000,000,000,000 or 10 exp12). And we are going to push 7 T’s to 11 T’s real soon. Trump’s Border wall was around $8 billion — $12 billion tops — Tr...

The list of the programs, projects and initiatives they sponsored through the past 75 years would make a good-sized book. They care about the communities they serve and that reflects who they are. "Our values are excellence, teamwork and people. Our vision is to be the retail leader in southeast Saskatchewan. And our mission is we put people first through the development of our employees by contributing to the communities we serve and by providing excellence and value to our members and custo...

Market Review This week has been an ideal example of how the clock can give a tuna/billfish trader an ideal trade. Hop on board long somewhere during the AM TURN on Monday and get out somewhere around the lunch high (upthrust out of distribution) yesterday! Had you done that, you’d have taken home around 120 handles. Give or take a 10 handle on each side! What’s a few handles among friends, said the bigger trader on the floor one day… What could be more ideal? Free money on the table all ...

Market Review If you’ve been reading this blog for the past few weeks, then you know I’ve been beating the drum regarding professional selling. Here’s just a small snippet from last Friday: “The market is not buying into it. On a day that should have been for the bulls it was the bears ball. Cash opened in the middle third of the previous day and the bulls were hit hard with selling power. I was hearing 100 lots on my tape reader program at the top and on the way down. If selling power ...

If it don’t fit you must acquit! It’s strange how art (Seinfeld) and reality (Political Theater) blend together in this made for TV movie reality we’ve been in / viewing this week. A fire chief is not the same as the President of the United States of America. As George Canasta would say; “If you believe it…it’s true!” Aerostealian Logic seems to be the rule and not the exception in 2021…It’s the tool the savvy salesman uses against the weak minded, dimwitted individuals. The m...

Market Review Using the context of the new administration, who can do no wrong and what’s going on in the offing events tied to the earnings season? Here’s how I saw yesterday’s market using the principles of Wyckoff and through the eyes of WB. The stimulus is coming. Sure, we don’t get $2K as promised in the campaign speech, it’s been whittled down to $1,400 with limitations on the rich. Mom was not happy when she heard that. She said; “That does not come close to compensating me f...

Market Review In all this political uncertainty, who would have thought the next hot topic would be the unfairness of the common public getting a run on Wall Street’s finest? GameStop is a true example of supply and demand. In all the rhetoric, no one ever talks about going short the box. Had they been short the box, then they would have had the shares… If you recall, over the last two weeks I’ve been talking about the insiders who were selling on the rallies. If you want to see a video I...