If you think the New York Times is Fake News, are reluctant to vote in favor of science over your gut, or think that stock market guys should just stick to the stock market, then …
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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 …
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Today after the close Apple (AAPL) will report its fiscal Q2 earnings. The options market is implying about a $12.50 one day move tomorrow in either direction or about 4.3%, which is rich to the …
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Yesterday I Tweeted the following regarding the divergence in mega-cap tech, specifically MAGA (MSFT, AAPL, GOOGL & AMZN) and the XLF, the etf that tracks the bank stocks The Bifurcation of MAGA (MSFT, AAPL, GOOGL, …
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The Nasdaq Composite is up 4% as I write, down only 5% on the year, lead by you know what… the MAGA complex (MSFT, AAPL, GOOGL & AMZN), all up between 4 and 5% on …
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On March 3rd, after the etf that tracks the Nasdaq 100, the QQQ had a sharp bounce off its 200-day moving average, after its initial sharp decline from its February all-time highs, I detailed (QQQ-Tip?) …
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This tweet yesterday from strategist David Rosenberg highlighted a point I have been making for a couple of years about the benefits for market returns in good times and the risks in bad ones of …
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Aside from the social distancing that we are all practicing to avoid the spread of the coronavirus, my good friend and long time writing partner CC Lagator yesterday remarked that my morning missive (He has …
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Regular readers know that I am not perma-anything, I like to think of my market punditry and analysis as a bit contrarian to what tends to be the norm in the financial media. I’m not …
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ICYMI, the U.S. Federal Reserve enacted a “surprise… emergency” rate cut of 50 basis points this morning to combat the growing negative economic impact of the coronavirus. Over the last twenty years the “surprise… emergency” …
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