Some Stuff From Last Week That's MIght Mean Something This Week

Stocks were up last week: S&P +1.53%. Gold up too; bonds down.

So February (so far) gives us a bit of a bounce after a down January. While Gold was down less than stocks, still it was down. Oh, right, bonds have taken a hit too. Was anything up in January? Sure, commodities, some natural resource stocks - and, I suppose some other items we don't really give much attention.

Anyway, none of this will likely not mean much this coming week. It's pretty much price action that we could have expected. January down a bunch (NASDAQ -14 and change), February gives a bit of a bounce.

So we're still waiting to see if anything dramatic might be starting. Our guess: Not yet in stocks. Maybe Gold starts running this coming week. If not then, at some point in the next few. 

As for bonds, we all "know" yields will rise long-term - at some point. But have the recent yield increases signaled that long-term trend? Don't know. We could still get a bounce back up again.

None of this means all that much, nor will such action give us any profound insight into the coming week. 

As of now, it's still a market go up and down sort of thing. Of course, if seeds are being planted for a full-fledged (Is there any other kind?) Bear Market, well, that's another story. And there's enough evidence out there to suggest that the Bear has indeed crawled out of his cave. Then again, setting aside the NASDAQ, the numbers don't shock most of us enough to take the Bear all that seriously.

That doesn't mean some of us aren't taking it all seriously; but my best guess is that most folks aren't yet in Bear Market mentality. That means there will likely be buyers who will step in and cushion price drops - for now. That will eventually change, of course, but it's more likely that next week will come and go without any profound shift in sentiment. We'll see.

 On the other hand, there are events that occurred that will mean something this coming week.

To star, the Canadian truckers. You know what's going on in Canada, right? (If not, do make it your business to know.) The Canadian government has been rattling the saber of bringing in the military to attack the truckers who've said they won't leave until the government changes its vaccine policies. The truckers claim they have enough supplies to last 2 years. In other words, they're not leaving any time soon. The drama builds. It may remain a stalemate this coming week. Let's keep our eyes on this.

Next, not that another study was needed, but a Japanese study proves Ivermectin shows "antiviral effect." Frankly, anyone who's taken the time to learn the truth about Ivermectin's effectiveness in serving as both a prophylactic and a therapeutic re COVID won't find the announcement of this study surprising. While I'd like to say that those who haven't taken the time will likely be shaken out of their doldrums, I suspect such "sleepers" will likely yawn and ignore the study. The truth is simply too much to bear. Too bad for them.

Finally, Visuals that help our limited minds to comprehend the U.S. governments $30 trillion debt: The numbers keep rising. Yet we remain numb to it all (Get it: numbers). Maybe the visuals will shake up a few of you. Your having been shaken may not effect a switch from insanity to sanity, but at least a few more of us will be prepared for whatever painful results we'll all have to endure from the unethical policies that have piled up this debt.

There we have three items that could mean something to some of us this coming week,

Or maybe it's this: Some stuff from last week that's gonna mean something this week.