1/19/2026
Greenland Prepares for US Invasion, as does Canada
A Republican Suggests Im[eaching Trump
This morning Tsy Secy Bessent was talking with Maria Bartiromo at Davos. He confidently said our the US relations with Europe have never been better. See above link comments at Davos. Bessent boasted of the money the US has spent on NATO saying they need to be under our, uh Greenland, umbrella. Take the gloves off Maria, don't tolerate such nonsense.
Gerard Baker in the WSJ had a great column today. He detailed how WW III had started, in Greenland. He observed that a country, see Ukraine, will take a lot of suffering before it gives up territory.
NYSE Advance Decline 195 minute
This includes all NYSE stocks and is an unweighted average. Clearly it is turning down.
I am amazed the averages were not down further today though they did fall further the last hour.
Welcome to Liberation Day II.
DOw INDU 195 minute
Here I am using exponential moving averages in a Fibonacci sequence, yes it works.
8,13,21,34 bar The sell off grew steeper as the day wore on, and as more remarks flew around the world.
Teh drop here was 1.76%, the drop in the NDX was more serious.
This was a 2.12% drop not a lot more but look at the gap in the last two 195 minute segments.
Tech lead the market up and will lead it down. It is the most over heated market.
And now the really important market, the bond market.
30 Year Bond
I read that Denmark pension funds sold all US bonds today. That is an idea that is likely to catch on across Europe. China has long been a buyer of US bonds, what if they dumped them all, in say one week, better yet, one day? Here is a look at what has already happened. Understand the bond market is far larger than the stock market, 37 trillion or there a bouts. Prices have been declining but today was a significant drop. Trump may understand real estate but he does not grasp his playing with fire in the US bond market.
TBF a bear bond fund. I have toyed with the idea of buying TBF but have not done so yet. well it's time. This is a clear buy signal.
The US Dollar
Again I am told Bessent is a Wall Street wiz, I don't see it. the dollar and the bond market are both down. So anyone holding bonds has a double whammy, bonds are down and the value of the bonds is also down. This is how major market melt downs begin.
Gold and silver soared today, I thought they were overbought but now what currency do you want to own, the dollar was down today, the new and as always, think the Three Wise Men, gold is back in vogue.
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