"


These values are presented as a courtesy to our users. We make no warranty as to
the accuracy of these numbers. Our Disclaimer and Terms and Conditions apply
when using our website.

Market Musings

 The July employment data is simply unbelievable and calls into question many of the official data points. The birth/death rate adjustment added 309,000 to the monthly total of 528,000 added jobs.

Pelosi went to Taiwan and South Korea ... for what? So that Putin could ask North Korea for 100,000 troops to help his forces in Ukraine?

Now China is doing live-fire exercises around Taiwan ... effectively blocking it and a prelude to a future invasion.  How will the U.S. respond?

It is possible that GDP will be negative in the 2nd half of 2022 as well.

The FED has indicated another rate hike at the next meeting of .75% which should help crash the housing market even further as prices in most markets are already slipping.. 

The Acc/Dis chart has risen thanks to July's market uplift but setting definitive action points for trading positions will be key to retaining profits in this market.

Remember -- "Only purchasing power counts!"

It is difficult to find long-term trading opportunities with the future so uncertain.

By any reasonable measure, this market is dangerous.

Be careful ....

To review the 07/29 FlowChart, click here.

All rights reserved 2001 - 2021 Adrich Corporation

Keep it Safe, Simple and Stay Focused! ™