The old playbook that worked from January through mid-May isn’t working anymore. Two reasons – first, US stocks are now coping with rising interest rates and the bond back-up. No one knows whether or not that’s done for now. The yield on the 10-year, at 2.29%, is sitting at 14 month highs. Can’t be ignored….

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Today’s guest post comes from Michael Gouvalaris, who is a self employed Equities trader and  portfolio manager. I rarely publish guest posts but I thought Michael’s way of looking at the long-term technical setup was unique and deserved more attention.  Please enjoy! – JB *** Are you prepared for DOW 150,000?!!!… Rarely do I spend…

“In the abstract you can complain about Big Brother and how this is a potential program run amok, but when you actually look at the details, I think we’ve struck the right balance…You can’t have 100 percent security and also then have 100 percent privacy and zero inconvenience. We’re going to have to make some…

Not sure what this says about the national psyche but here’s something to consider: The prepper and doomer products have hit clearance. This doesn’t happen when demand is steady. Is the fear finally subsiding? This was Costco last fall (on 9/11 of all days):   …and now here’s Target today, via Barbarian Capital: Liquidating the…