Professor Elam: The Everready Bunny Market

Wednesday, January 14, 2026

1/14/2026

I give up on calling a stock market top. There is the chance of yet another high.

The two hour chart bottomed and turned up, sigh.

Bonds are not doing much of anything, all the bankers oppose Trump's criminalization of the FED.

Oil rallied but I have no rationale for that.

See my earlier post on silver. I still think metals and stocks will retreat in tandem, sigh. This is why I am in T Bills.

This is not a political blog. But incidents like these can make a market top.

Professor Elam