The Chop-Fest Continues

Today is simply more of the same. Low volume, low volatility, and prices grinding ever higher seems to be the norm these days and certainly for the past 6 – 8 trading sessions. I would not be surprised if we see this kind of action all the way through the rest of August until we […]

How Many Times Will You Fall for the Same Thing?

Isn’t this exciting! The pre-markets are up 1% after a long weekend.  That hasn’t happened since – two weeks ago!  Of course last Tuesday, we were jammed up as well and the Tuesday after Christmas, we were jammed up as well but THIS TIME – we’re REALLY feeling it, right?   The funniest thing is […]

Russ Winter – Chaos in the Land of Oz, Part 2

In Part 1 of Chaos in the Land of Oz, we established that the Fed is the Wizard and we are living in an economic Land of Oz. In part 2 we discuss whether there is a pathway back to Kansas. Elliott: In Part 1 of our interview, we agreed that by not allowing the too-big-to-fail […]

Russ Winter Take on the Markets and the Economy Part I – Chaos in the Land of Oz

  Ilene: Hi Russ. So, tell us about life in the world of finance. Russ: Right now, I’m very much focused on a phrase I call “The Wizard of Oz.” The Wizard of Oz is the Federal Reserve, the governments, the U.S. Treasury, and the “Troika.” You need to understand these organizations to invest today. You need […]

Is the S&P 500 on the Verge of a Rally

Only 5 short months ago the S&P 500 was trading at the 2011 highs around the 1,370 price level on the S&P 500 Index. Since then, the price action has devastated investors and traders alike. As of the close on Monday, the S&P 500 had worked over 270 handles lower in 5 months. The price […]