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  • Benjamin Roth: The Great Depression: A Diary

    Benjamin Roth: The Great Depression: A Diary
    It's all here, times change people don't -the endless govt programs that fail to stimulate the private sector -the ups and downs of the economy, the veterans pension stimulates just as the housing credit did, until of course the money runs out -Roth is a attorney in Youngstown Ohio who kept a diary regarding the economy from 1930 until WW II breaks out, he is objective, candid, and forthright which is more than we get from Washington DC now or then highly recommended

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December 01, 2022

Thursday Dec 1 2022

 

Screen Shot 2022-12-01 at 8.01.17 AM

Market is now back to short term over bought. But the sell off lessened as the day wore on.

NYSE Advance Decline

Screen Shot 2022-12-01 at 3.59.30 PM

Momentum may be waning here, let's continue to follow our most reliable indicator.

VIX, the craziness has worn off, but it could take all month for the MAs to bottom esp during a low volume month so expect that to happen

Screen Shot 2022-12-01 at 4.02.57 PM

 

 

BLE

Screen Shot 2022-12-01 at 8.01.17 AM

I believe our closed end munis topped out today or tomorrow. Time to sell, well FED is promising to back off and we bought at a good time. Let's hold.

Oil is up five dollars, low inflation eh?  column tomorrow morning Screen Shot 2022-12-01 at 3.47.53 PM
l is Up 5 bucks

 

 

 

Posted at 04:49 PM in Bonds, Energy |

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