MorningWord

I get a lot of reader and viewer feedback on a daily basis via my Twitter and by email. It is amazing the correlation between negative comments in a largely anonymous public forum that is …

For the second week in a row, the trading week starts with a large gap higher out of the gate on optimism for global economies reopening and again news of a coronavirus vaccine entering a …

As most readers know, the stock market is what they call a discounting mechanism, looking past the here and now as investors do their best to figure out what future earnings and cash flows of …

This week’s price action in the U.S. stock market is a fairly clear example of the old Wall Street adage that investors often “Buy the Rumor and Sell the News”. In this instance, there was …

Yesterday 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 …

For 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 …

The 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 …