Image above: Your friendly (pre-head shaved) blogger making a stereotypical rock stage face while playing in the pre-studio basement. Still listening to old recordings that we did a lot of years ago. I’ve forgotten half of them. But since Chris passed away I have been going through them and enjoying hearing a band grind out ideas. This one sounds to my ear like it has … Continue reading Annihilation
Cathy Wood’s ARKK fund gets a seasonal rotation (for a day or more) With the caveat that not all of my tax loss specs are working yet (cough, cough… Cannabis MSOs… cough, cough) three of my tax loss seasonal specs, CRSP, TDOC and ZM are zooming today. They are all part of Cathy Wood’s ARKK fund, which has been murdered in 2021. I have seen … Continue reading Market sports Wood today
It is no coincidence that gold stocks are positive as broad markets correct to varying degrees. As the inflation trades cool, gold begins to out-perform. Most gold bugs demand – against reality – that gold act as a supreme inflation hedge, which it is not. Hence, our long-standing insistence that inflation cool down before we can take a positive macro fundamental view. Here are some … Continue reading NFTRH+; Regarding gold stocks, this is no coincidence…
Baltic Dry Index (BDI) continues to flash negative As FOMC and related noise fade away we are left as we were before the negative market action that attended the event everybody already knew was coming (taper and Fed Funds rate hike talk). Back on November 11th we noted that the BDI was tanking even as the ‘inflation expectations’ ETF (RINF) was making a new (and … Continue reading As FOMC rides off into the sunset…
