A Gordian Knot comes from Greece during Alexander the Great’s march.
It has become a metaphor for a problem solvable only by bold action.
Every investor is waiting for the next stat and the next stat.
Each one is perceived …
Welcome back, readers. It has been an interesting few weeks around the world - new elections, new geopolitical movements, updated data-dependent economic inputs, and, of course, inching closer to US Elections. This ongoing noise is creating choppiness in our stock …
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 …
Navigating the stock market can be a daunting task, even for the most seasoned professionals. With a myriad of factors influencing market movements—from economic indicators to geopolitical events—the complexity can overwhelm anyone trying to manage or grow their investments. In …
Welcome our loyal readers to the weekly Market Outlook as we usher in the new month of June. This is now the beginning of the summer months and what is typically a much more subdued market environment. More on that …
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 …
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