Technical Monday-Occidental Petroleum OXY

Mish Schneider | September 30, 2024

It is no secret that Warren Buffet, who has sold a lot of shares in Bank of America and Apple, continues to hold Occidental Petroleum.

With the most recent $435 million purchase in June, Berkshire Hathaway now owns about 28.8% …


China Goes Big and Fuels More Stock Market Gains
The S&P 500 Has Only Done This 7 Times Before!

Keith Schneider | September 29, 2024

Welcome back readers.  Glad to have you.  Last week we discussed the Fed’s new loosening monetary stance as they aggressively lowered the Fed overnight borrowing rate.  If you have not had a chance to read or perhaps want to reread, …


Family Friday: A Lateral Economic Modern Family

Mish Schneider |

I’d say “if the Economic Economic Modern Family could speak..”

However, they can, and they do.

And what are they saying after a week of China flying, metals rallying, yields and dollar flattening, natural gas bottoming and oil prices dropping?…


Hump Wednesday-A Look at the Long Bonds TLT

Mish Schneider | September 25, 2024

Instead of falling after the Fed lowered rates, the 10-year and 20+ year yields have risen.

This seems incongruous given the dovish Fed talk.

However, a lot of the cuts were baked into the bonds ahead of the announcement.

How …


Turnaround Tuesday-Outside US, Other Countries ETFs

Mish Schneider | September 24, 2024

Today was a big day for China stocks and ETFs.

The PBOC cut its reserve requirement ratio to the lowest level in 4 years, as well as trimmed its main short-term interest rate.

The package included measures to lower overall …


Tech Monday: Granny Retail XRT: A Lesson on Channels

Mish Schneider | September 23, 2024

Written last week, “Granny Retail XRT continues to have my attention. I will follow her. Over 80 I am all in on a bull run in equities. Under 70, I am cautious, if not bearish, in equities.”

I wrote this …


ARM Leveraged ETFs: A Guide to Risks, Rewards, and Strategies

Dan Taylor |

In the high-stakes world of investing, ARM Leveraged ETFs are like financial superchargers, capable of turbocharged returns but also potentially explosive losses. These complex investment vehicles have captured the attention of savvy investors looking to amplify their market moves.

This …


UNSTOPPABLE
What Does the Fed Know That We Don’t Know?

Keith Schneider | September 22, 2024

Welcome back readers.  Hope you had a profitable week in the markets.

The Fed pulls the trigger.

In the last two Market Outlooks we expressed our strong belief that the Fed would lower the overnight lending rate at their upcoming …


Economic Modern Family Musters a Run to Resistance

Mish Schneider |

After a very busy week and a Fed pivot, this is a good opportunity to step back and examine the performance of the Family.

We will also look at Bitcoin, 2 commodity index funds and long bonds.

The intent is …


FOMC Lowers Rates Aggressively on Hump Wednesday

Mish Schneider | September 18, 2024

Are we over the hump?

Those of you who do not look at X, here is a great summary of today’s FOMC by the Kobeissi Letter:

  • Fed cuts interest rates by 50 bps for first time since 2020
  • Fed sees