Yesterday in my weekly In The Money segment with Fidelity Investments I discussed the growing divergence between the market-cap-weighted S&P 500 index (SPX) and the Equal-Weight S&P 500 index (RSP), watch by clicking below: …
Continue readingThis tweet from @NorthmanTrader regarding an observation from technician Jonathan Krinsky also on Twitter regarding Apple’s (AAPL) recent price action caught my eye as I, like all of you have been counting the days until …
Continue readingYesterday in this space I highlighted a WSJ story that suggested: Factories Close for Good as Coronavirus Cuts Demand Some manufacturers that furloughed employees during lockdowns say plants won’t reopen Sadly this is a reality …
Continue readingLast week shares of Uber (UBER) rallied 15% on its (and its major ride-share competitor in the U.S., LYFT’s) Q1 “earnings” which I guess were not as bad as investors expected. I am not sure …
Continue readingFor the last couple of months, I have been dumbfounded by what I feel is a blatant disregard for realism by our elected leaders and the pundit class in America. Faced with the uncertainty of …
Continue readingYesterday was one of those days in the stock market that we are likely to remember for a very long time. At 8:30 am, the U.S. Dept of Labor reported that 20.5 million people in …
Continue readingBack in late February, I detailed a bullish view on eBay (EBAY) when the stock was $37.50: eBay been in the news of late, in the next month or so a $4 billion deal to sell …
Continue readingThe S&P 500 (SPX) is up 1.5% in the pre-market as I write, nearly recovering all of what it gave up late yesterday: I sincerely have no idea why they are up today, or …
Continue readingYesterday in my post, Wells on Notice yesterday I discussed the Sell rating that was slapped on shares of WFC on Monday by UBS, with the analyst expecting 35% decline in the next 12 months, …
Continue readingYesterday in my weekly In The Money segment with Fidelity Investments we discussed the current trading range the S&P 500 (SPX) has found itself in over the last month as investors contemplate potential opportunities of economies, here …
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