Last night after the sell off, we had this to say:
“For junk bonds and small caps, the next day or two will be very telling on whether this a buyable dip, or the start of a bigger correction.”
We …
Over the weekend I wrote about junk bonds (HYG) as our clue as to when the market might stop rallying.
HYG gapped lower today breaking beneath its 50-DMA.
And worse, also fell right to the January 6-month calendar range low …
Along with China and Asian countries celebrating the Lunar New Year, the Vietnam market has been closed since February 8th.
The HOSE (Ho Chi Minh Stock Exchange) opens again this Thursday the 15th.
Since 2024 began, the index VN is …
I first became interested in junk bonds right before COVID hit in January 2020.
Note the price at the time of HYG was around 88.50.
Since HYG represents high yield/high debt companies that pay well in a risk on environment, …
The stock market and the good old American pastime of watching football are thriving this weekend. New all-time highs on the S&P 500 each of these past few weeks is driving investor sentiment readings much higher.
We are glad you …
Here is my post on X as of Tuesday:
Here is a thought from my Outlook 2024-
Environment - Solar stocks did not have a good 2023. For 2024, we are watching First Solar ($FSLR), and the ETF Invesco Solar …
Over the weekend I wrote about small caps and retail or the Granny and Gramps of the Economic Economic Modern Family.
The third “inside sector” of the US economy is transportation.
IYT is also a member of the Family and …
Welcome readers. We hope you had a profitable and productive last week of January and first few days of February.
The End of the Month Period.
The end of the month is a uniquely favorable period for investing. A number …
We woke up Friday morning to a huge surprise with the jobs report coming out much stronger than expected.
As the Federal Reserve looks closely at this number to help determine monetary policy, the initial reaction was fear of higher …
Although Microsoft and Alphabet Inc reported better than expected earnings, after hours and then with follow-up during the trading session, sellers came out to lock in gains or perhaps go short.
After all, tech has done much of the market’s …
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