The Fed is about to intervene in the markets. The corporate bond market is once again coming under duress. The last two times this happened, the Fed announced a new…
The big message from Fed Chair Jerome Powell and Treasury Secretary Steve Mnuchin’s testimonies to congress yesterday was the following… Even more money will soon be flowing into the economy. Both Powell…
The big message from Fed Chair Jerome Powell and Treasury Secretary Steve Mnuchin’s testimonies to congress yesterday was the following… Even more money will soon be flowing into the economy. Both Powell…
Stocks dropped to the lower level of support (green line in the chart below) I pointed out in yesterday’s missive. They then bounce hard in the intraday session, closing near…
Stocks are down sharply this morning. This means they’ve taken out their first level of support (top blue line) and will now test secondary support (lower blue line). This is…
Stocks are down sharply this morning. This means they’ve taken out their first level of support (top blue line) and will now test secondary support (lower blue line). This is…
Amazon is currently running a special on The Everything Bubble…an astonishing 85% off on the Kindle version. So if you’ve yet to pick up a copy… or would like to…
Yes, they are coming for your money. As I first predicted in my booked The Everything Bubble in 2017, whenever the next crisis hits in the U.S., the political elites in the U.S.…
Yes, they are coming for your money. As I first predicted in my booked The Everything Bubble in 2017, whenever the next crisis hits in the U.S., the political elites in the U.S.…
Leadership has changed in the markets. Since the March lows, tech, specifically cloud-based tech has lead the markets higher. Companies like Square (SQ) have more than tripled in share price…
Leadership has changed in the markets. Since the March lows, tech, specifically cloud-based tech has lead the markets higher. Companies like Square (SQ) have more than tripled in share price…
Stocks held their 50-DMA as expected last week. As I write this Monday morning, they are bouncing hard. However, this doesn’t mean we’re out of the woods by any means.…
Stocks held their 50-DMA as expected last week. As I write this Monday morning, they are bouncing hard. However, this doesn’t mean we’re out of the woods by any means.…
Stocks began to bounce yesterday. The question now is if this bounce has legs or if it’s just a blip in a new downtrend. Both the S&P 500 and the…
Stocks began to bounce yesterday. The question now is if this bounce has legs or if it’s just a blip in a new downtrend. Both the S&P 500 and the…
Stocks are a bloodbath this morning. To be fair, the market was EXTREMELY overbought going into this correct. So, we are MORE than due for a drop. The most egregious…
Stocks are a bloodbath this morning. To be fair, the market was EXTREMELY overbought going into this correct. So, we are MORE than due for a drop. The most egregious…
The single most important thing to do today is “watch and wait.” Stocks got slammed yesterday. For all of the carnage, the S&P 500 held its bull market trendline. If…
The single most important thing to do today is “watch and wait.” Stocks got slammed yesterday. For all of the carnage, the S&P 500 held its bull market trendline. If…
Stocks exploded higher yesterday with a massive intervention coming around 11:30AM. As impressive as this intervention was, it was NOTHING compared to the one that hit FANG stocks. The FANG…
