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What I’m Reading Today
Reading Time: 2 minutes“The economy is still deteriorating, job losses are still huge, I really don’t see where earnings will come from to drive valuations. Just because things are getting worse at a slower pace doesn’t mean they’re getting much better” – James…
The Carnage Beneath The Surface, Can NVDA Hold Up The Market?, Strategist: Surge In RIVN LCID “Sign Of Unhealthy Market”
Reading Time: 3 minutesWhile the major indexes were only down moderately Wednesday with the S&P -0.26% and NASDAQ -0.33%, things were much worse beneath the surface. NYSE + NASDAQ Advancers to Decliners was 2,588 / 5,426. That is, there were about 2 Decliners…
Bulls Back In Charge, AMZN GOOG/GOOGL CMG Earnings, GME Saga Winds Down
Reading Time: 6 minutesNote: To sign up to be alerted when the morning blog is posted to my website, enter your name and email in the box in the right hand corner titled “New Post Announcements”. That will add you to my AWeber…
Bulls Back In Charge, UNH: Continue To Ride With Uncle Warren, PYPL: Breakout Or Fakeout?
Reading Time: 4 minutesOn Friday October 24 the S&P broke above the massive candle that had contained it for two weeks from Friday October 10. That’s a breakout and it puts the bulls back in charge. However, the market remains very thin and…
Top Gun FP Client Note: The Fear Beneath The Surface
Reading Time: 4 minutesNOTE: Every week I write a Client Note for my clients. For a limited time, I am allowing non-clients to sign up and receive the Client Note. You can sign up at the top right hand corner of the website. …
What Does CAG’s Big Quarter Mean?
Reading Time: 3 minutesConagra Foods (CAG) – maker of frozen foods like Marie Calendar’s and Healthy Choice – is one of the most boring stocks in the market. But they just reported monster numbers for their quarter ended November 27, 2022. What does…

