Money Ball

Always keep your eye on the money ball. Wall Street is in serious trouble. Inflation continues to run out of control and the FED is going to keep raising rates until it collapses the stock market. We’re on the verge of another tech wreck. This time it will be artificial intelligence. Wall Street’s latest scam as they desperately try to save their bacon.

Blow Off Top

In fact we have two of them. If you can read them and see them, they are amazing money makers but only if the fundamentals verify them. We have had some very important moves this week that if verified, represent a major shift in market forces.

Either Way the Market Crashes

There is a debt default, the market crashes. No debt default, the market crashes. What you have seen in the stock market is not a breakout. It’s running the shorts out of the market preparing for a key reversal. Overhead resistance is holding and sell in May and go away is the order of the day.

Breaking Bad

The banks are starting to report and it’s ugly. We’ll be very lucky if it’s only as bad as the 2008 wipeout. I think it will be much worse. It’s appalling what we’re not being told. Banks have the ability to make or break an economy. In this case, break it.