Good Morning, The futures are terrible this morning and my indicators are all on now on sell signals. Where’s the bottom? I just don’t know and I have no desire to find out if it’s much lower than here. That said I’m changing my allocation to 100/F effective at the close of business today. Have a great day and may God continue to bless your trades!
God bless, Scott
Good Morning, The train left the station after Fridays jobs report. That may have well been the bottom of the current dip. It is now highly likely that the Fed will reduce rates on Sept 17th. More on that later. Right now lets focus on our trains next stop which will be Wednesdays Producer Price…
Good Afternoon, Happy Labor Day! I hope this note finds you enjoying some fine cuisine fresh off the grill! Well here we are starting a new month. The dreaded month of September. The weakest month for the stock market since the 20’s and here we are 100% invested in equities. What gives? First of all…
Good Afternoon, We talked last week about Jerome Powell’s speech at Jackson Hole Wyoming being a possible inflection point for the market and that’s exactly what it ended up being. The Fed chairman gave a somewhat dovish address in which he noted that “the baseline outlook and the shifting balance of risks may warrant adjusting…