Equities stumble out of the 2024 blocks. In the final sessions of 2023 the major US indices had either just broken out to new highs or were close to doing that. It remains to be seen if the weakness since late December is just a short-term unwinding.

Futures have been modestly lower this morning as the market tries to shake off news of a Boeing plane’s window blowing out mid-flight. The stock was down sharply (-8%) before the market open, and it has already been causing waves.

Market expectations of rapid disinflation and a soft landing remain, but January has given a few new risks to the optimistic estimates of disinflation with no impact on the economy.

In this week’s Dirty Dozen we talk about speculators buying the dip in Qs along with that means for this selloff. We then discuss the very high insider sell ratio, look at active fund positioning, walk through Japan fundamentals.

Boeing shares tumbled in pre-market trading after an emergency door separated from an Alaska Airlines 737-9 Max jet over Portland on Friday, forcing the Federal Aviation Administration and European Union Aviation Safety Agency to ground the jets.

Renewable energy companies have been hit hard by the recent increases in interest rates. But for one of them in particular, things are looking much better than the headlines would make you think. And it’s created a great income investing opportunity.

The S&P 500 retreated 1.5% in the first trading week of 2024. The index closed out the week at 4,697.24.

I’m back! I took most of the month of December off, as I do every year, to do some thinking. Per the title of this essay, the purpose of these year-end musings is to gain some perspective.

Last week, financial markets adjusted their expectations for interest rate cuts by major central banks this year, scaling back somewhat due to signs of more robust economic activity in key developed economies.

U.S. Dollar/Swiss Franc blue wave 5 of 3 completed at 0.83335. Now corrective wave 4 is in play. Wave Cancel invalid level: 0.88897.

The current U.S. Dollar/Swiss Franc primary "Structure" identified is "blue wave b of 4," signifying the corrective sub-wave within the larger corrective wave labeled as wave 4.

Manulife Financial, the Canadian insurance and financial services titan, has long been a staple in many portfolios. For advanced traders seeking long-term potential, understanding the technical intricacies of MFC becomes paramount.

In a recent interview, Bank of Canada governor Tiff Macklem reassured Canadian that the end is in sight for inflationary pressures and tight monetary policy. Yet, he also warned that pre-pandemic interest rates are not in the cards.

Overall, Dogecoin is still in an uptrend. But it is in a period of correction in Wave 2 to continue rising in Wave 3.

There is more evidence this is going to be an unusual year; war, elections, of course climate change, and 'radioactive fish'.

Destruction of money is the opposite of what might be expected if one is looking for evidence that could support some of the more extreme expectations and projections for inflation and its effects.

Looking at what seems to be a sharp three wave move into wave {ii}, being aware we could correct lower.

Amid the ongoing inflation downswing, the Fed's mechanical rate cut theory will be tested this week with the release of both the US CPI and PPI reports

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