Man Stares at Charts of AMZN & NVDA, Ignores Them, Buys

AMZN and NVDA were added on the March Tech tank job The most obnoxious TAs want you to believe their charts are the be all, end all because after all, charts are the truth of what has happened up to any given moment, right? Right. Welcome to another installment of the Men Who Stare at Charts (MWSAC). But the truth of a stock chart is … Continue reading Man Stares at Charts of AMZN & NVDA, Ignores Them, Buys

Time for a Reminder About TMM (total market manip)

It’s all MMT (modern monetary theory) TMM (total market manipulation) A tweet by Fidelity’s Jurrien Timmer jogged me back into the reality that for the last year we have been speculating – and very successfully I might add – but speculating nonetheless at the instigation of Federal Reserve policy explicitly designed to create inflation and by extension, speculation. I responded to his tweet but let’s … Continue reading Time for a Reminder About TMM (total market manip)