This week we heard from the Federal Reserve that there will be no change in the guidance for monetary policy in the immediate future. Rates will remain low for the time being, and by low, I mean near zero. This …
The recent runup in Meme stocks pushed by the Reddit crowd has turned Wall Street upside down and is something to sit up and take notice of. Many pros consider the recent price action a silly phenomena to be dismissed, …
The recent runup in Meme stocks pushed by the Reddit crowd has turned Wall Street upside down and is something to sit up and take notice of. Many pros consider the recent price action a silly phenomena to be dismissed, …
The Chinese Yuan hit a multi-year high last week vs. the US dollar, which means the dollar slid to a multi-year low.
Remarkably and embarrassingly, this was hardly noticed or mentioned on mainstream media.
Considering that the US national debt …
The Chinese Yuan hit a multi-year high last week vs. the US dollar, which means the dollar slid to a multi-year low. Remarkably and embarrassingly, this was hardly noticed or mentioned on mainstream media. Considering that the US national debt …
US Equity markets are all in see-saw patterns now, pushing up and down into resistance and support.
This action exemplifies an uncertain economic environment whereby one indicator can come out positive and the next day another indicator or economic number …
US Equity markets are all in see-saw patterns now, pushing up and down into resistance and support. This action exemplifies an uncertain economic environment whereby one indicator can come out positive and the next day another indicator or economic number …
Last week we discussed that after new highs in the Dow and S&P, the NASDAQ100 has been “stuck in first gear” and that the Fed is stuck between a “rock and a hard place.” We’re seeing 1970s’ style inflation being …
Last week we discussed that after new highs in the Dow and S&P, the NASDAQ100 has been “stuck in first gear” and that the Fed is stuck between a “rock and a hard place.” We’re seeing 1970s’ style inflation being …
This week’s move to new all-time highs in both the S&P500 (SPY) and the Dow industrial (DIA)masked deteriorating underpinnings as both the IWM and the QQQ lagged. Values stocks led the run-up once again while big cap NASDQ stocks remain …