Category Archives: Uncategorized

Snoozefest until the FOMC on Wednesday.  Lots of Doji candles reflecting traders don’t wanna do jack all.  Volume running at about 90 percent of the 10-day moving average. Market expecting no rate cut, though a 20 percent probability is not … Continue reading →

Are the ‘bots about to start trading Italian mini-BOTs? Talk of a parallel currency in Rome is spooking some in the analyst community. A proposal is being kicked around to issue small-denomination bonds — so-called mini-BOTs (short-term treasury bills) —  … Continue reading →

After rallying 6.66 percent from the bear trap low last Monday to yesterday’s high of 2910.16,  the S&P is now consolidating that big move.  The ‘bots have mastered the art of the bear trap.   F**k wads! The 50-day moving average … Continue reading →

“Siri, what is art?” pic.twitter.com/gSSA1JXCxR — Jeff Eisenband (@JeffEisenband) June 11, 2019

It’s 511 days to the 2020 Presidential election and we sense a total disconnect between the movement in the polling data and market expectations of the outcome.  It reminds us of our conversation with a hedge fund manager one month … Continue reading →

We will try to post this on a daily basis showing the expected value of the Federal Funds rate (lower band) at each of the FOMC meetings over the next year and recent changes in the market expectations. The data … Continue reading →

Last month we noted the divergence of nonfarm payrolls (NFP) and the employment data illustrated in the updated table below, which drove our skepticism about the labor market and overall strength of the economy at the same time many were … Continue reading →

This is good stuff, folks.  Joe, who is a friend, easily makes it into our elite “one smart dude” club.   Click on the video.  It’s well worth your time and will make you smarter.

  For all of the money we are spending, NASA should NOT be talking about going to the Moon – We did that 50 years ago. They should be focused on the much bigger things we are doing, including Mars … Continue reading →

Soldiers, Sailors and Airmen of the Allied Expeditionary Force: You are about to embark upon the Great Crusade, toward which we have striven these many months. The eyes of the world are upon you. The hope and prayers of liberty-loving … Continue reading →