By Graham Summers, MBA | Chief Market Strategist I warned time and again that the Fed was making a massive policy mistake that would unleash another round of inflation. By…
By Graham Summers, MBA War has broken out in the Middle East. As usual, everyone is attempting to have an “expert” take on this situation. The reality is that less…
By Graham Summers, MBA The market rally in 2023 has been driven by tech, specifically, Big Tech (Apple, Microsoft, Nvidia, Alphabet, etc.). While a handful of large companies have driven…
Let’s set politics aside today and focus on the stock market. From a technical analysis perspective, the market has become extremely overstretched and is due for a correction. The S&P 500 is…
Things are beginning to get out of control in currency land. The $USD is collapsing. Astute chart readers will note that the $USD has already experienced two sharp drops in…
The financial system today is trying to figure out what happens when an unstoppable force meets an immovable object. The Unstoppable Force= the Everything Bubble bursting as debt markets collapse…
The financial system today is trying to figure out what happens when an unstoppable force meets an immovable object. The Unstoppable Force= the Everything Bubble bursting as debt markets collapse…
The single most important chart in the world right now is investment grade credit spreads. The Fed has announced it will buy investment grade corporate debt for the first time…
Yesterday’s action was positive, but we’re not out of the woods by any stretch. Stocks roared higher with the Dow closing up 11% for its largest single day gain since…
Disclaimer: I am not a scientist nor am I a healthcare official. I am not downplaying the Covid-19 situation; I am simply looking at what the markets are saying about the…
Disclaimer: I am not a scientist nor am I a healthcare official. I am not downplaying the Covid-19 situation; I am simply looking at what the markets are saying about the…
Disclaimer: I am not a scientist nor am I a healthcare official. I am not downplaying the Covid-19 situation; I am simply looking at what the markets are saying about the…
Forget everything the mainstream media and economists are telling you about a recession… the U.S. economy is ROARING. To see this, however, you need to look outside the official data,…
Forget everything the mainstream media and economists are telling you about a recession… the U.S. economy is ROARING. To see this, however, you need to look outside the official data,…
President Trump was about the Federal Reserve being too hawkish with monetary policy in 2018. And he’s correct now to suggest the Fed should be easing more aggressively. To be…
The market is telling us that the impeachment process will go nowhere. Very early into his Presidency, Donald Trump branded the stock market’s returns as illustrating the success of his…
There is no recession. The investment herd bought heavily into the “a recession is about to hit” narrative earlier this year. They did this based on: 1) A sharp dip…
Now comes the “depression stage” Earlier this month I noted that the market is following the five stages of grieving regarding the US/ China trade deal. Those stages are: denial,…
The markets are now within spitting distance of a top. Our target for the bounce is anywhere in the red box… stocks will likely enter that range today as Wall…
The stock market is primed for a bounce. Bears had their chance to take out support yesterday and failed. Stocks held the most important line (red line below), suggesting it’s…
