Google (GOOG/GOOGL) reported 1Q25 earnings after the close Thursday. I think Gene Munster is right in characterizing the quarter as “good but not great” as Search Revenue growth continues to decelerate. Nevertheless, with the stock beat down over the last…
These kinds of monster rallies tend to show up during bear markets — when volatility is elevated and emotions are running high – Alfonso DePablos, “A Day For The History Books”, April 9 Wednesday’s historic rally can best be described…
Almost 100 years after the start of The Great Depression there is still a lot of debate about what caused it and why it lasted so long. But it’s almost certain that The Smoot-Hawley Tariffs and bad monetary policy played…
I just got off the phone with Warren Buffett during which I picked his brain about the current correction. There’s a lot of noise out there right now so I wanted to hear it straight from the GOAT. Here’s what…
Source: Chart from Tim Duy Tweet Every downturn is idiosyncratic, with one commonality: They all come after a period of Fed rate hikes – Tim Duy, Twitter, September 17 6:03pm PST History doesn’t repeat itself but it often rhymes –…
The S&P broke out to a new all time high Wednesday on the back of a mostly inline April CPI Report. Here’s what Patrick Dunuwila of The Chart Report had to say: SPY broke out to a new all time…
The bear market rally which began on October 13, 2022 with an intraday low of 3,492 topped on March 28, 2024 with an intrday high of 5,265. From top to bottom the S&P rallied about 50%. It has been well…
I was born on April 4, 1977 at Stanford Hospital in Palo Alto, CA. My parents – Robert and Diane – were the first generation children of Jewish mother immigrants from Europe. My grandmother on my father’s side, Ethel, came…
The market was cruising along as usual Thursday before reversing hard to the downside starting around 2pm EST. At the time, it wasn’t clear if the catalyst was a speech by Fed President Neel Kashkari in which he said the…
In a previous blog, I defined the culture of nihilism as follows: We live in what I have come to term “the culture of nihilism”. It is a culture characterized by self absorption, selfishness, lack of concern for others, incivility,…