While we never profess buying a falling knife, we do believe that the metals are probably setting up for a buyable dip this coming week.
Why?
Looking at the fundamentals, it seems nothing has significantly changed.
The news story that …
On June 3rd I recorded a 20-minute video for StockchartsTV.
The thesis is to explore whether we are at the beginning of a market correction or gearing up for a summer rally.
Interestingly, I start with the Granddaddy of the …
On March 26, 2024, I wrote a Daily called, “Last Night I Had a Crazy Dream-Swiss Franc”
In the blog, I mentioned that,
“I literally woke up to the words “Swiss francs.”
So here I was at 4 am, checking …
After a huge down move that began in December 2021, the long bonds or TLT has had a few shallow short-covering rallies,
but not much more than that.
The “higher-for-longer” for interest rates narrative, coupled with higher inflation and the …
GDP showing a slowdown of the consumer. However, consumer spending, like so many things in the macro right now, is nuanced.
While some stores suffer poor earnings like Kohls, TJ Maxx thrives.
While people spend more on what they need …
Once again, while semiconductors roared to new highs, Transportation as seen through IYT the ETF, sold off.
Retail XRT closed marginally green after better than expected consumer confidence data.
Regional Banks fell closer to the critical levels of support.
Biotech …
For the sake of redundancy and in case you are living under a rock and just came out to read my Daily, Nvidia (NVDA) and its ginormous beat on revenues, gave the market new life.
Happily, our very own Sister …
Following up with the more fun notion of dogecoin as written about yesterday, today we look at blockchain.
If you’re like me, you need to increase your understanding of why blockchain technology is a game changer in our evolving digital …
On the heels of Meme Stocks Mania that literally lasted less than a week, and with so much in the news this week, I figured it was time to revisit this meme coin.
Dogecoin was launched on December 6, 2013, …
One of the more frustrating trades this year has been the back-and-forth rallies and sell offs in the cannabis sector.
MSOS the ETF for US Cannabis since the beginning of 2024, has rallied over $10.00 a share on news of …
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