AI, No Data Centers for You

- He who sows sparingly will reap sparingly, and he who sows bountifully shall reap bountifully.

- 2 Corinthians 9:6

What AI Revolution?

You read everyday that some high-teck firm is building a new data center. The only thing that is happening is the land purchase, permit and some concrete. The nuts and bolts aren't coming. Dear Reader, we lost so much manufacturing that even when backloads of orders are being placed, the suppliers cannot meet any demand. This holds true to even the exporters. There is a lack of transformers, switchgear, batteries and other fascets that is needed. 

The above also tells us that the damage to the Iran and Middle East refineries will take years to fix. Why, you ask? Because the similarities in manufacturing will not be able to meet the demand for the thousands of parts necessary in an oil plant.We also extracted another point from the Artemis II rocket. Did you know that it takes over 11,000 pounds of propellant per second to lift these engineering feats? Reread that! NASA pushes our pride, but at what cost? What will we learn from this great expense? Nothing that is not already known. However, many defense firms both national and foreign make billions off this flight. The military has plans to extend the next war into space because then, it can disable communications. It is bad enough that man is polluting the earth, but now, he adds the outer layers of our atmosphere. 

Back to AI

There is also a growing backlash against these energy consuming monsters. Many states after giving permits to build, are beginning to realize that their utility firms may not be able to meet this increase in energy demand and still service the population? Maine has taken the next step. They will no longer give permits in their state. They understand that these data centers effect the environment as well as the population. They decided the needs of many outweigh the needs of one. I dub thee, "The Three Musketeers State."

Consider This...

...If AI is so smart, how come Anthropic is seeing their code being leaked over the internet? We told you in previous pieces how AI does things without human permission that causes big problems like what happened at Amazon. I guess it comes down to this, Who ya going to call? Ghostbusters!...Peace.

Market Charts

- The elevator goes up and down. It goes slower going up with stops, but generally, goes down faster.

- DOORMAN

Chart View

Our Doorman in another life could have been a stock market analyst. In a rising market it has price levels that appear like a staircase. They have an expression, "Stocks rise the wall of worry." When the market craters like at present, it goes down like an express elevator. For the month of March the market has shown high volatility, but the trend is down. It has fallen over 4,000 points in the industrials. Year-to-date, the S&P 500, Nasdaq, Transports and Industrials are all down. Nasdaq is in correction territory. If it falls another 10%, it will enter bear level. We made this prediction in December with the slight adjustment from mid-February to mid-March. We did not call the war with Iran, but we did mention geopolitical dangers.  

Fibonacci Levels

We are a believer in fibonacci math. Looking at the charts, this is the retracement points to watch. Keep in mind, we also believe in volume. If the indexes fall with no conviction, the market will bounce back. If it falls on stronger volume, the downtrend will continue. Here are the closing prices as of last Friday.

If the Industrials continue to drop, the first stage is a 38.2%. This puts the index to 45,204. Friday's close at 45,166 has already seen it pierced. The next level is 50%. This equates to 43,556. The completion of the progression is 61.8%. The index would see 41,908. We see 42,500. Note: If you consider the index last high, it too is in correction territory.

The S&P 500 has fallen 7% year-to-date. If it reaches the 38.2% retracement that is 6174. Friday's close at 6368 is still a ways off. However, a 50% drop equals 5917 and the full 61.8% is 5660. We see 5700 as a possibility.

Nasdaq has fallen the most. It is in a correction level with Fiday's close at 20,948. The first stage at 38.2% means a price at 20,500. A 50% means 19,409 and a full fibonacci is 18,317. 

Dear Reader, peope forget the transports. They are necessary in Dow Theory. Friday's close at 18,174 is a long way from what we see. We feel the test is 16,500.   

In Addition...

We notice many of the big names are in bear territory or close to it. Here is a sample.

Meta = down 30%.                                                                                                                                      Alphabet = down 18%                                                                                                                                  Microsoft = down 32%                                                                                                                                Tesla = down 24%                                                                                                                                        Nvidia = down 17%.

Many people buy the dip. I would not as the trend is down. A flood swallows all. We took a gamble on EVGO. This is an EV charging station. It has fallen below what was resistance. We will keep it for now. Our gold miners were also caught in the negative draft. Keep the faith! It is in a long term bull cycle. We also believe in cycles. Peace. Have a wonderful Easter.             

Odds and Ends: March 2026

- An aim in life is the only fortune worth finding.

- Jacqueline Kennedy

Did Spring, Spring?

Last week we talked about the volatility in the market and world. The calendar moved along. Jackie's words of wisdom seemed lost in time. The up and down news just adds confusion, doubt and fear. The market continues its thousand point swings. Are only the influencers, evil doers and manipulators pointing to an aim? What that is is cause for more worry. Somewhere below the ground seeds are germinating. We noticed this sprout in the news.

Best Thing Trump did was he gave the go ahead for a new oil refinery. Now, the climate people, Sierra and green energy groups will consider this blasphemy. As much as I am for alternative energy, I still see the greatness in this approach. Dear Reader, this refinery will use our produced sweet crude. Somewhere in time, the crooks and manipulators made all our refineries and all the products from their plants to use imported, dirty sour oil. This is Brent. This is what most of the world and the Arab oil cartel produce. This is the biggest reason why our monthly import/export bill is always negative. We export our cleaner oil which is better for the environment (compared to sour oil). In addition, when supply chains get interrupted like the present situation, we will not have to worry. We use our own. Great move, Donald.

Like We Said...

...we are for alternative energy. We love solar and wind, but there is a new entry into the mix. It is Geothermal energy. A start-up in Utah has successfully demonstrated the extraction from beneath the surface to their equipment to produce energy. Fervo will supply 400,000 homes with this clean source of power. They have a plan (just need financing) to provide power in multi-states. All the best!

One More

solar plug-ins is the latest idea to use free, sunbeams for power. Small units that can be attached to your balconey to lower your energy bill. Get this! They plug-in to your wall outlet. Wow! Now, there are old restrictions in place with HOAs and zoning, but new legislation could offer a waiver. Great idea!

We Also Said...

...there is bad news. From an economic standpoint the Epic Fury campaign has resulted in oil supply disrruptions, destruction of plant systems (infrastructure) to produce oil and gas and it will spike inflation. It will add to our national deficit which eclipsed $39 billion last week. The foolishness and lack of conviction was displayed when Trump allows Russian oil for sale. It gets worse. Trump also allows Invidia to sell their advanced chips to China. We said it before and we will repeat it here, our two political parties are corrupt! We need a new, third party. One that follows our founders thinking. One that is really for America and its people. We call it the Liberty Party. 

Related

The Department of Justice charged three leaders associated with Super Micro Computer for allegedly smuggling billions of dollars in US artificial intelligence technology to China. These are AI Invidia server chips. It is about time that our government people wake up to business theft and dangers to our security. If they had any real guts, we would end all trading with China and their outlets in other countries. The same with Russia.

Role Model

Apparently, our most recognized leaders are not true role models. It is no wonder like the three greedy people above in the DA charge with chip smuggling are grabbing what they can. How about Warren Buffett? He controls Pacific Corps. His influence has changed laws pertaining to wildfires. He got caps for claims and loopholes for filing claims. Case in point: Fred Cuozzo was awarded $6 million for a wildfire destruction of his rural home and property back in 2020. He is still waiting for his money.

We dislike ending on such a sad note. We have one kernal of good. Russia ordered and so far, has honored a ceasefire around a nuclear plant that could cause another terrible, environmental disaster. There is a need for repairs. Hope that they get this dangerous, but necessary work complete...Peace. 

Volatility

- Fallacies do not cease to become fallacies because they have become fashion.

- G.K. Chesterton

Beware the Ides of March

Somehow, someway, the expression always seems to come back to haunt us. The world is rocked (read volatility) by many wars. People are experiencing "Black Rain." The geopolitical quagmire gets more entangled every day. Shakespeare had such a deep understanding of the human mind (tangle web we weave). We could use some of his insight. Fortunately, we have charting to help us navigate the market and hope cooler heads prevail in the world situation.

Market

All three indexes were down for the week as well as for the month. One very big note is the S&P 500 dropped lower than its December low. This is very bearish. History says this index will fall another 10% when this happens. We said last week that it could test 6500. This call is looking very good. 

The industrials made another low. We also stated last week that it coud test 45,500. This too is looking very possible.

The transports are aiming to test 17,000. These are bottom line stats. The real problem is the internal action of the market. There were a thousand point swings. There were other less known reports like the one from Moody's Rating Service. They downgraded a high flyer, Salesforce to A2. We told you about investors demanding their money back from investment firms. Blue Owl has been cut in half. The giant, Blackrock is now limiting withdrawals. One of the main reasons and worries connected to this aspect is leverage. The borrowers to private credit firms are overleveraged. These lenders may be over leveraged themselves. What about the regulators, you ask? As usual, they sit on their brains. They don't rock the boat. Then, we saw more reports like Papa Johns closing 300 stores and a EV battery maker, SK laying off 1,000. Not good.

Putting the three indexes together reinforces our January market call. At first, we saw a drop in mid-February to which we amended to mid-March. Sadly, we are correct.

Some Truth

The recent government reports have been more truthful. Unemployment ticked up and GDP came in for the 1st quarter at .07%. For the year 2025, it was 2.1%. This is down from 2024 which was 2.8%. We stated back in 2022 that our economy was in what we called, "Stealth Recession." We gave it a name because we were the only one to declare that we were suffering stagflation. This is the worst type of economy. It means that inflation is higher than our growth. It means our standard of living is dropping. It indicates that we are becoming poorer.  

The outlook is not pretty. The BS "core" inflation that the Fed uses rose .04%. This equates to 4.8% on a yearly projection. No need to mention oil, but of course, the Fed does not include that in its phony matrix inflation formula. We will hear from them later today. Oil will face resistance at $100 a barrel.

King $Dollar

Even with all the bad points above, the dollar has risen a monster 5-points in a month. It closed over 100 last Friday. This is resistance. This move does fight inflation, but going forward, espcially with  inflation, will not last. It will hurt everyone when the dollar falls. Dear Reader, it will fall, especially if the Fed surprises everyone with a rate cut today. However, we do not see that happening. This none action will only put the pressure on the new chairman...Peace.

Morals, Mental Health and Market

- Thus saith the Lord, "Cursed be the man that trusteth in man, and maketh flesh his arm, and whose           heart departeh from the Lord."

- Jeremiah 17:5-10.  

Very Disturbed

It is bad enough that we instituted another conflict into the world with the false belief that we can engineer a war. However, the next item more than makes my blood boil, it pushes the envelop of our freedoms. We all know that man is capable of any horrific sin to his fellow man and the planet. This is relevant to why man with his best foot forward, created rules of law. Even better is many of those statutes are derived from those who believe in God as we do. The question whether you believe or not is when someone pushes the needle of a civilized society with his personal greed and wants. Such a question arises from a gambling site.

Polymarket

These people have no morals. They inflict mental sickness to society. They push the freedom to allow anyone to gamble on life. We may all have been guilty of making a bet, but the common beief is these bets are glued to sports. However, these people extend the menu to include anything and everything that happens. They opened their books to the possible assassination of world figures like Nicolas Madero. And yes, they had book for the end of Iran's leader, Ayatollah Ali Khamenei. They seek to PROFIT on WAR!

People are dying and these moraless souls seek more riches from man's weakness of character. They are glad to see a world in disorder because now, they have more topics to choose from in their menu of greed. 

We need to not only outlaw this behavior, but we need to investigate these peope and who they are connected too? Even if we are successful in getting them to stop this option on their list, we should watch them very closely and never take our eye off them. They are definitely corrupt in their use of our freedoms.

Market

The three indexes all fell for the week and also for the month. The INDU could continue to drop and a line of resistance is 45,500. The S&P 500 did not fall as hard and it has resistance at 6600. The Transports fell very hard on heavy volume. A test of 17,500 is possible. King Dollar always needs to be watched. It rose and touched over 99. It settled last Friday at 98.87. It has strong resistance at 100.

BIG OIL: Brent rose dramatically from the $70 range to close at $92.57 last Friday. There are many gaps in price and usually they get filled. US Crude followed the same price path as Brent. Let's hope for peace.  

New Worries and Market

- Faith is the antidote for fear. The anodyne for doubt.

- Clay Harrison

Never a Dull Moment

The biggest and quietest murmur on Wall Street is the financial condition of Blue Owl Capital (OWL). Money flows are exiting at a rapid pace. The firm cannot cover the demand. So, they instituted restrictions. This is exactly the unprepardness with the use of leverage that causes a run. The stock looks like a train wreck. It was over $20 last July. Last Friday, it was $10.55 and falling on strong volume. Not good. We are talking about a lot on money at stake. This is not just in the US. In the UK, the firm MFS is having what Jamie Dimon calls a "cockroach" problem. Money is flowing out. We have heard about First Brands and their problems. They announced that they are selling an auto parts supplier that makes product for Ford. Not good. In addition, you can add Appolo Private Credit to the dangerous list. They announced last week that they are down-grading loans on their books.

Politics Hits Commerce

The AI firm, Anthropic had a verbal argument with the US Dept. of Defense or as it is now called, Department of War. They will not allow the military the blueprint (code) of their AI tool. They fear that the militay will use it for harm. We agree in peacetime, but not in a war period. If you recall, the military and the government took over our nuclear program after private citizens developed the atomic bomb. Then, they allowed the Russians to steal the code. Military intelligence is a joke. However, someone is always looking for a buck. Open AI has offered to work with the DoD with their AI tool. 

Keep in mind that last year Amazon had a 13-hour outage. What does this have to do with the above, you ask? Well, the outage was caused by their AI program. It just deleted everything and it said that everything needs to be done over. Get this! The AI did this on its own with no human supervision. Do we want this type of supidity running our military? Desk generals and idiots!  

Subtle Change

On April Fool's Day, India will no longer use the London Bullion Market for evaluation of the price of gold. They will use their domestic spot price. In a related aspect, Eric Sprott, the leading authority on precious metals and mining says that banks have lost control of this market. The history of that control was to short silver, however the West is losing the market to the Eastern market. He also predicted that silver will fall to a 50 to 1 ounce of gold ratio. It has too many uses.

Some Fear, Some Hope

The fear was in Saturday's news. The US and Israel bombed Iran. Iran retaliated. Secretly, China is hoping that Iran uses its latest missle that it gave to Iran. It is designed to sink an aircraft carrier. This is very bad. Not good. It gets worse. President Trump thinks that he can engineer a war just like the idiots at the Fed think that they can engineer an economy. He says the war/conflict will last between 4 and 5 weeks. Even if cooler heads prevail and the hostility ends in that time period, the lingering attitude of hate will fester like after our Civil War. This is the type of the misuse of our military that causes the thinking that resulted in 911. The only winner is the owner of cemeteries.

The good is Russia declared a ceasefire around Ukraine's nuclear plant that had been bombed. The danger of another Chernobyl is very present. Crews will attempt to correct the damage. We pray that they succeed. By the way, Chernobyl was a former Ukraine city.

Market

The three indexes were all down for the month of February. The dollar remained in the 97 range. Sadly, our call was correct. With the open conflict with Iran, the dollar rose in a flight to safety, however the bounce was not great. The dollar has resistance at 100. Crude spiked, but it could not pierce its resistance at $77. We see a greater fall in price coming. Peace.

Odds and Ends: February 2026

 News ----- News ---------- News --------------- News -------------------- News*

Dear Reader, as you know from our pieces, at times, we refer to our unpublished book that we feel will help America, and possibly the world. You see that we do not clutter our page with ads. Money is a means and not a goal. We seek to make our democracy better. With that said, our founder, John Lipareli has his first book published. He is trying to make a name for himself that can help get his political and economic work a reality. You can buy at Amazon Books. It is called, "The Legend of the Afghan Hound." It is general and family reading. Kids 9 to 15 will love the action adventure as well as pet lovers and history buffs. The sweeping saga begins in ancient Egypt in a time of anxiety and war and ends in Bethlehem with hope and love. Adults will gravitate to the theme of "love in action." By that, I mean the sacrifices that we make. It is a Christmas classic and makes an excellent gift. Please, support his work. Thank you.

It is In and Out...

...not odds and ends. The US Supreme Court nullified President Trump's tariffs. They reminded him that the constitution says that Congress decides things of the purse. I never understood why the president didn't just submit a bill to Congress for tariffs? The Republicans control Congress. Then again, I know why. Each representative will be on record and that could cause a reelection problem. Anyway, it is the biggest story of the year so far. Immediately, after the verdict, the president instituted a new, 10% tariff to all nations. Then, the next day (Saturday) he raised it to 15% under laws like the 1974 Tariff Act and later, the 1977 addition to it. It allows the president up to 5-months (150 days) to raise a tariff without Congress approval. The drama continues as the "Out" is back "In."

Meanwhile,

The president has a deficit problem and lawsuits about the tariff that now needs refunds to suppliers. His new tariff will cut the cost to the deficit, but it grew under deficits and now, could explode. It grows by $6.4billion EVERY DAY. It is now 13% of the budget and it will reach $39 billion by April. This is doo-do land. In a related aspect, trade deficits. Under Biden, his last year saw a trade deficit of $903billion. Under Trump's first year, the trade deficit with tariffs was $901billion. He can no longer brag or lie about the stats. By the way, do not expect prices to be lower. These greedy crooks will keep the higher prices and put their newfound riches into company profits to which the greedier CEOs will pocket.

Desperation?

Google has turned to issuing a bond to cover their data centers and AI program ($20B). Get this! It is a 100-year bond that is available in the UK and Switzerland. In another footnote, the company says that it will create a subsea cable to India. It will connect to Singapore, Australia and South Africa from the US.

Congrats to Singapore

No, it is not a gold metal from the Olympics, but it is definitely a "gold" achievement. The city/state raised its solar installation goal by 50% after it achieved its previous target. By the way, President Trump, solar was a US invention that we failed as a nation to grab with both fists. Guess who took it over? China.

EVs

China, the world's largest seller of EV vehicles has stated that it will look into its manufacturing. The race to sell the lowest price EV has companies selling below cost. We already knew this, but now, China says no EV producer will sell below cost. Just like the BS from our unemployment agency, we do not believe. In a related aspect, Ford may have saved their EV production with a partnership with a leading Chinese firm. We hope for the best. One door for market niche is Bidirectional charging. This gives power for power-outs. You can hook up your home to your EV if it has V2H. This is great in severe weather. 

Tesla

is building a solar cell plant to make solar panals. We like it. In a related point, solar plug-ins is the newest use for the power source. You can install smaller units on balconies and get this. You can getting working by plugging into your room outlet. Of course, you need local approval, but we like this positive use for clean energy. Peace.

Alert! ------------ News ---------------

President Trump gave his State of the Union Address last night. He used many examples that worked on our emotions. Some were great and some not like seeking to shame the Democrats. In our view he did nothing to show new direction, ideas or vision for our country. There is nothing to report.