Oil vs Wheels (IYT,USO)


Executive Lounge, Wall Street Elite

Oil vs Wheels (IYT,USO)   It’s the interplay between the following two factors that we’re keeping our eye on these days, the better to apprehend the market’s immediate trajectory: oil and ‘market leaders’.   We’ve discussed this combo before, and how they work together.   The ‘leaders’ are the current sexy tech group, not related […]

June 18, 2018

Profit Gobble (NIB,DBC)


Executive Lounge, Wall Street Elite

Profit Gobble (NIB,DBC)   A farmer friend of mine says he wouldn’t be in any other business.  He raises beef cattle, chickens (for eggs) and has a small herd of dairy goats, and he’s convinced that it’s an enterprise that can’t fail, regardless the economic forecast, if things are managed properly.   And we’d agree, […]

June 4, 2018

Long Wash Cycle (TLT,SLV,XLB,XLK)


Executive Lounge, Wall Street Elite

Long Wash Cycle (TLT,SLV,XLB,XLK) Intermarket analysis is a helpful tool for the technical trader attempting to anticipate the next big move in the investment universe. What is it, exactly? Well, over time, certain cycles are evidenced in the movement of stocks, bonds, commodities and the dollar, with associated relationships also seen between Emerging Market debt […]

May 28, 2018

The Nutella Market (XLB,XLK,TLT)


Executive Lounge, Wall Street Elite

The Nutella Market (XLB,XLK,TLT) There’s very little in this world that can compete with thickly spread Nutella on a crispy rip of focaccia. Hell, just dip that sucker into your oversize jar and give her an uncaring hack-snort swallow… And let the goop fall where it may. Is that life, or is that life? I’ll […]

May 21, 2018

I’m Having An Attack! (AAPL,SPY,USO,FXI)


Executive Lounge, Wall Street Elite

I’m Having An Attack! (AAPL,SPY,USO,FXI) Isn’t it always the case…? The news is horrible. The threats are palpable. The rhetoric and bombast are as hot as ever. Suspicion and anger are ubiquitous; finger-pointing; mud-slinging; muck-raking; belly-aching… For gawd’s sake, my meniscus has been twice herniated, my pylor valve is stuck, and I just burned the […]

May 8, 2018

Oh, To Be Young Again… (MSFT)


Executive Lounge, Wall Street Elite

Oh, To Be Young Again… (MSFT) It’s a truth seldom questioned that the young have it best. After all, they’ve yet to suffer life’s slings, the challenges of marriage and child rearing, the uncertainties of earning a livelihood and the timely – and untimely – passing of family and friends. And yet there are times […]

April 23, 2018