GE Looking Like The Next Citi/B of A
General Electric, in the single digits, is starting to trade like Citi and B of A (GE Chart).
General Electric, in the single digits, is starting to trade like Citi and B of A (GE Chart).
Obviously uncertainty is extremely high at the moment and so is the question of whether the market has bottomed or the powerful rally the last two days represents a bear market rally. From the standpoint of technical analysis, it is…
I’ll never forget it. It was 11:50am Friday March 26, 2021. I was short stocks, mainly tech stocks, and doing quite well when, all of a sudden and out of nowhere, stocks started to rip higher. From breaking down they went to exploding higher without rhyme or reason. I believe the NASDAQ ripped higher by ~2% in that time period into the close
One of the things about Wall Street is that it is incredibly short term focused. Investors, including (especially?!) professionals, tend to care about the here and now and possibly a year out. If you do this, you might think that…
As a generalist macro investor I focus on mega caps or stocks in the S&P 100. I look for high quality, reasonably valued stocks that express my macro views. This morning I feel like digging into a few stocks that recently reported earnings to see if any might be prospects for my portfolio as well as for the light they might shed on the market as a whole.
NOTE: Every week or two I write a Client Note for my clients. For a limited time, I am allowing non-clients to sign up and receive it at the same time as my clients. You can sign up at the top…
Get your beauty sleep this weekend because next week is poised to be epic. In addition to a Fed Decision on Wednesday, we have Big Tech earnings. The market ramped up last week with the S&P breaking out above its…