Here are the headline CPI numbers for the first 11 months of 2022: November 2022: 7.1% October 2022: 7.7% September 2022: 8.2% August 2022: 8.3% July 2022: 8.5% June 2022: 9.1% May 2022: 8.6% April 2022: 8.3% March 2022: 8.5%…
The scenario I laid out Tuesday morning is playing out exactly as I thought it might: a lower than expected October CPI Report combined with extremely bearish investor positioning has resulted in a massive relief rally (“Speculating On The October…
WARNING: The trade recommended in this blog is highly speculative. You could lose all your money. If you choose to take it keep that in mind and invest only a small amount of money. I usually like to save my…
After a correction in the wake of Russia’s invasion of Ukraine, interest rates have resumed their uptrend with the 10 year treasury yield jumping 14 basis points to a 52-week high of 2.14% Monday. As I’ve discussed many times of…
Germany’s DAX and France’s CAC are currently +5%. Britain’s FTSE and US Futures are +2%. It’s looking like today is going to be a face ripper of a bear market rally. However, this does not mean the bottom is in….
The market is bifurcated into the mega cap tech stocks that have held up well so far – and thus propped up the indexes – and the smaller but still important stocks that have already suffered brutal bear markets. My…
What investors have been fretting about finally happened: Russia invaded Ukraine Wednesday night. Bears have been correct in saying that we won’t see even an intermediate bottom until there is real fear – and we haven’t seen it yet. Well,…
Two stocks reporting 4Q21 earnings next week that I’m zeroing in on are virtual health care provider Teladoc (TDOC) and payments company Block (SQ). TDOC is the #2 holding of Cathie Wood’s Ark Innovation ETF (ARKK) and SQ #10 so…
The uncertainty around a Russian invasion of Ukraine combined with a three day weekend created a tough spot for traders. If Russia does indeed invade Ukraine, I suspect the market will tank when it reopens on Tuesday. If Russia does…
SentimenTrader posted a chart Thursday afternoon showing that 44% of NASDAQ stocks are down at least 50% from their highs. And yet the NASDAQ index as a whole is only down 17% from its high. What gives? As I’ve been…