Abby Joseph Cohen On CNBC: Sell Signal????
One of the tech bubble’s biggest cheerleaders was back on CNBC today being interviewed. This strikes me as a sentiment tell and potential sell signal……
History doesn’t repeat itself but it rhymes – Mark Twain In the late 1960s and early 1970s there was a group of high quality companies including Kodak and Xerox that led the market and which investors piled into regardless of…
Gamestop (GME) is taking advantage of the surge in its share price caused by the return of The Roaring Kitty to sell up to an additional 75 million shares. To put that in context, GME currently has about 306 million…
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Yesterday’s 200 point decline in the Dow was accompanied by some of the heaviest volume we have seen in a while. On top of that, Monday’s trading qualified as yet another 90 percent downside day, where 90 percent of the…
No change in policy from the Fed today on interest rates or securities purchases and the statement was mostly a photocopy of the March one as well. The only change was some comments that the economy has improved slightly since…
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