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The Signals and Noise

Jan 23, 2026

Ending January 23, 2026

Steve's Thoughts

Signals & Noise Week Ending 23rd Jan 2026

THIS IS VERY IMPORTANT

Greenland sends markets into redland.
Iran not running yet.
Cuba is next.
DAVOS - "Globalisation has failed". “The Trump Administration and I are here to make a very clear point—globalization has failed the West and the United States of America. It’s a failed policy… and it has left America behind.” America is done exporting jobs and offshoring its future. We will no longer give in to globalization.
Microsoft and Apple continue to fall below the 200SMA.

The TMM Podcast

Spotify, Apple, YouTube

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Spotify

The Oz Economy

Consumer confidence falls. It appears consumers are zipping wallets but this may be just a post Xmas hangover.

Employment bounces. Positives signs for the economy but we need to see if it continues.

THE ASX

Unless there's a big move Friday afternoon, the ASX this week went nowhere.

Lesson of the Week

Markets don't work that way.

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