Since I did a comprehensive interview with Dale Pinkert of Forex Analytics early today, I thought you might enjoy a listen.
Here are some highlights from our time together.
The Russell 2000 IWM worst sell off ever.
I was on the floor of the NY Commodities Exchanges on October 19th, 1987.
At the time, high rates were partly to blame for the crash.
The stock market took a year …
Metaphor for the week:
In bullfighting there is a term called querencia. The querencia is the spot in the ring to which the bull returns. Each bull has a different querencia, but as the bullfight continues, and the animal becomes …
Trump said this at the White House early Thursday.
Yet, that is not the topic for today.
Rather, this post is about the FED and their attempt to calm the markets.
Less talky and more actiony than Trump, in essence, …
The most disturbing part of this whole market debacle is that I am getting calls from friends who have lost well more than 6 figures from their retirement accounts.
Page 61 from my book Plant Your Money Tree-A Guide to …
To follow up on the Biotechnology IBB sector, it failed the low price from two weeks ago (109.70) until headlines (below) hit the tape.
Furthermore, four of the Modern Family members have broken a monthly moving average that has held …
Today, the ETF that holds Biogen, Regeneron, Amgen, Gilead as four of the top ten in its basket, sits near the low price from two weeks ago (109.70).
I designed the Economic Modern Family with the notion of economic cyclicals …
What better quintessential metaphor for the current market action?
The Invisible Man was written by H.G. Wells in 1897.
The main character, Griffin, invents a way to become invisible, but fails in his attempt to reverse it.
Those analysts and …
Coming into today’s session, Biotechnology IBB was the only member of the Economic Modern Family that was not having an inside week.
Those wondering why Biotech is part of the Family, have gotten a birdseye view at the sector’s relevance.…
Some people call today’s rally the Biden bump.
Others call it the obvious bounce after extreme fear and volatility.
Some call it a bottom.
Still others call it the rally into resistance.
I call it Love in the Time of …