Predictions and Observations

[wheatking16]

Anticipate a 1-4 week pullback for the following:

US Homebuilders (XHB)
DOW (DIA)
NASDAQ (QQQ)
S&P (SPY)
20- YEAR (TLT)
US Financial (XLF)
Russell 2K (IWM)

M2 could get a slight increase here.

It is only Day 1 but keep an eye on these.

[errolanderson]

Apple shares plunged in-excess of 4% on 1st day of trading in 2024. Not a good look for 'rip-roarin' money-chasing-money equity markets. The exit door had better not be locked.

[errolanderson]

Was the peak in U.S. stock markets for 2024 . . . January 2nd?

[westernvicki]

I have that tune in my head:

"all good things must come to an end, it was the same for the wildwood weed..."

Been a wonderful boom, time now to know your numbers and have some off farm balance for fun!

The course is changing, it always does.

Control the things we can and ask for more accountability of farm organizations who will need to represent us better in ag. policy.

[errolanderson]

Vicki, major meltdown in Hang Seng and China stock markets overnight. Asian fallout could topple North American equities. We may all know soon.

This situation very bearish crude oil. Now a huge challenge for OPEC cartel to keep its glue together. U.S. oil exports feasting . . . .

[furrowtickler]

I have that tune in my head:

"all good things must come to an end, it was the same for the wildwood weed..."

Been a wonderful boom, time now to know your numbers and have some off farm balance for fun!

The course is changing, it always does.

Control the things we can and ask for more accountability of farm organizations who will need to represent us better in ag. policy.

Was a wonderful boom for those that had good crops yup

[bucket]

I have that tune in my head:

"all good things must come to an end, it was the same for the wildwood weed..."

Been a wonderful boom, time now to know your numbers and have some off farm balance for fun!

The course is changing, it always does.

Control the things we can and ask for more accountability of farm organizations who will need to represent us better in ag. policy.

Still no request to any government from farm groups for an export sales report or some compensation for farmers contribution of carbon sequestering.

Farm groups are full of guys that like selfies , patting themselves on the back , and in general terms thinking they did it on their own, forgetting previous generations efforts.

[consuelo]

hey westernvicki. there still are too many that are still sittin' on that sack of seeds...

[blackpowder]

Re-evaluating my stance on farm groups annually. I have no desire to sit on a board. Staying at the table during endless discussion with bureaucrats a thankless yet necessary job. Do most of the delegates have the skill set?

A reality check for me occured yesterday. Tongue in cheek, I was bemoaning not buying a condo in Hawaii 20 years ago. (As if I could have - not.) Other fellow said, "that's if you can afford the plane ticket now".
Point is, we get insulated in our thinking and forget the basics. Endless meetings with peers eliminates a frank recheck of goals.
Basics are ignored as unnecessary. We are told irrefutable policy is coming, so we attempt to mold it rather than disagree with it.
The first explains timely sales reporting. The second, codes of practice and fertilizer reduction.
(I'm a little disgusted)
LBJ said better to be in the tent peeing out than outside peeing in.
Fair enough, but I hear nothing from our groups about policy so flawed, rejection necessary.
Write our own strategy, not debate the tactics of a flawed one.
I confess to malaise after reading glossy articles on the same subjects all of my career. Thinking I may still request a refund. Open to ideas.

[TOM4CWB]

Blackpowder:
Interesting paradox… as I am an advisor for Alberta Pulse… we wrestle at every meeting… especially obvious and encouraged at our local zone meetings, to bring forward resolutions… expressing exactly what you have stated above.

Being that Canadian Farmers are about 2% of the Canadian Population… the art of negotiation of the possible… becomes our realistic end objective…Remembering…Shock value… only goes so far…

Farmers are stronger together obviously… if the 2% of us are fractured…. We become static on the government and power broker’s agendas.

30 years of trials and passion… friends and disappointments…

Better to have tried… offended some folks who have political motivations…and who are less foresighted …

Than to fail to, in good faith , report… …be honestly able to testify …that your kinds of perspectives were and are honestly being brought forward… whether the negative offensives are encountered… or not .

Many Blessings!
All the Best in 2024!