How low will the S&P 500 go?… I didn’t Mean This Week!

I covered most of my short positions today because I am the last person you want to ask to give you a firm backbone if you want to remain resolutely short against a sentiment backdrop like this (with the Fed and a bullish seasonal in the mix I’ll manage more with cash). But I held on to my largest single position, which is a short … Continue reading How low will the S&P 500 go?… I didn’t Mean This Week!

What’s This? The Miners are Up Today?

Much to the bewilderment of inflationist bugs everywhere gold stocks are doing this today while commodities and inflation expectations continue to tank and the stock market goes in the crapper.  Hmmm, why is that, Beuller? It wouldn’t have anything to do with those real (as opposed to imagined) fundamentals that actually matter, would it? Subscribe to NFTRH Premium (monthly at USD $33.50 or a 14% … Continue reading What’s This? The Miners are Up Today?

President Tweets, Market Knee Jerks, Tanks w/ edit

[edit] I had actually been concerned about whether I’d be able to cover shorts effectively this week, assuming the bullish Santa seasonal, contrarian bullish sentiment backdrop and a Fed whispering sweet nothings to the market all converge to ramp the market. Well, the Tweeter-in-chief may have helped in that regard. A relatively calm pre-market just got less calm and for a stock market right at … Continue reading President Tweets, Market Knee Jerks, Tanks w/ edit