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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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January 30, 2023

Stocks Have topped Again

Mnday Jan 30 2023

Screen Shot 2023-01-30 at 4.33.19 PM

Notice we have a series of lower highs punctuated by rapid rallies. I suspect the rally from the October low has now peaked in all major stock indexes.

TBF the bear bond fund is basing we will see what it does Wed on next FED announcement

Screen Shot 2023-01-30 at 4.38.36 PM

also note have  have a series of higher lows here, patience

Nustar, we are looking to add and NS pulled back 2.42%  today

Screen Shot 2023-01-30 at 4.40.14 PM

 

†his could easily take us to the  200 day MA which would be a great entry point

AMLP is an ETF of high dividend pipelines, it also had a nice drop down 2%  if one is looking to add which we are

Screen Shot 2023-01-30 at 4.43.28 PM

stay tuned

 

Posted at 05:37 PM in Bonds, Energy |

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