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Parsing Three Upcoming Earnings Reports For Economic Tells
Reading Time: 4 minutesIn “The State of the Market After Wednesday’s Historic Face Ripper” (Wednesday April 9, Top Gun Financial), I argued that it was a mistake to view that day’s action as an “all clear” signal because the market had been struggling…
CAT Earnings, Public Storage (PSA) On Sale, Uranium (CCJ), Fed Meeting
Reading Time: 4 minutesHeavy machinery maker Caterpillar (CAT) reported 3Q23 earnings Tuesday morning and the stock is breaking down below its 200 DMA at the open. While sales of $16.8 billion beat estimates and increased by 12% compared to a year ago, investors…
Retail Therapy: Circuit City Files For Bankruptcy, Starbucks Worst Quarter Ever
Reading Time: 2 minutesYesterday, Circuit City, with 721 US stores and 43,000 employees, filed for bankruptcy. Starbucks (SBUX) announced their worst quarter ever with same store sales in the US down -8% from the year ago period (SBUX FY 4Q Earnings Release). Up…
10 Year Yield Drops 11 Basis Points, NASDAQ on the Verge of New ATHs, Precious Metals on the Move
Reading Time: 4 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…
China’s BABA Antitrust Case, The New Cold War, Yuan Appreciating, FANMAG Not Confirming New Market Highs, Cathie Wood: The New Warren Buffett
Reading Time: 9 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…
The Wrong Question and the Right Question About Today’s Market – And How Today Proves It
Reading Time: 6 minutesThe Wrong Question is: Is the market going up or down? I’ve seen a million different dudes on CNBC in the last week arguing for why the market is going to go up or down, as the case may be. The guys…

