Wed March 15 2022   Putin badly under estaimated the reaction to his Ukraine invasion. Russia may default for the first time since the Bolshevik revolution. Which is no surprise in that the West has frozen half their assets they might use to pay. Wall Street Journal today After all the headlines on high oil…

Tuesday Feb 15 2022 Actually I am not sure Putin ever intended to invade the Ukraine.  I think the Ukraine is what Alfred Hitchcock used to call a McGuffin, something that moved the plot along but was not really central to the plot. Here is what Putin has accomplished without firing a shot thus far…

Weekend Feb 13 2022 Learn the Fibonacci number sequence in  this article from Science /Focus  

Tuesday Jan 25 2022 Tuesday Jan 25, 2022 At the first of November a short three months back, new highs dominated the New Highs New Lows section of the WSJ. Today it takes nine columns 2/3 the length of page B 9 plus another page to list the new lows. Social mood towards owning stocks…

Friday Jan 210 2022 grantham cxalls a market top

Man of the Year Make that the Decade He was dealt a weak hand. His country’s population is shrinking. There is no consumer economy only one natural resource for export. No one wants to live there. Did I mention the lousy weather? But Vladimir Putin has managed to turn all this around. He has a…

Monday Dec 6 2021   Andy Kessler's column runs on Mondays in the WSJ. He is a relatively recent addition and always interesting.   Today he notices ho since Daniel Craig became Bond the stories re increasingly dark or as he puts it , no fun.   I copied the column from our library in…

Friday October 29 2021 Almost one of every two dollars spent in the US options market through Wednesday went to Tesl,a even though there are 5,000 other stocks to trade. Bets on Tesla flood Options Market, WSJ today   We know maximum mood occurs at the end of a mania. Since exchange traded options began…

Thursday Oct 7 2021 Negative mood results in exclusionary behavior, has anyone noticed this among some of our most wealthy individuals John Paulson is divorcing his wife of yes a socio moment, 21 years, an anniversary tied to the March 2000 stock market high. It may be the most expensive divorce of all times.John is…

Monday 9/20/21 Markets topped in the dot.com mania March 2020. We are now a Fibonacci 21 yeras past that date. And bingo, market averages have reached new highs and apparently topped again. Scan the headlines in the Monday WSJ, today. As we have mentioned numerous times, social mood tilts negative. The US officially became a…