Hard Assets for the Future?

Global budget problems are finally impacting the markets

Table of Contents:

1) Global budget deficits finally matter, so hard assets should outperform in the years ahead.

2) The tech sector has bounced back nicely. Any further upside movement should be very bullish near-term.

3) Longer-term, the ROI on AI is not going to be enough to prevent the AI bubble from bursting next year.

4) Will we get another “sell the news” reaction after the Fed meeting this week?

5) The “set up” for the major averages is bullish, but we still need more upside follow-through for confirmation.

6) The energy stock ETF’s are on the verge of breaking out. This will surprise A LOT of investors.

7) The “set up” for the financial stocks is also quite good, but we need more upside follow-through here too.

8) Updates on the charts for Bitcoin and gold.

9) Potpourri……Data center cooling issues…really???

10) Summary of our Current Stance