The Fed Pivot Has Created A Moment Of Maximum Optimism, ORCL & ADBE Suggest Many Stocks Are Fully Valued, COST Is Too

The Fed Pivot Has Created A Moment Of Maximum Optimism, ORCL & ADBE Suggest Many Stocks Are Fully Valued, COST Is Too

The time of maximum pessimism is the best time to buy and the time of maximum optimism the best time to sell – John Templeton Powell and The Fed surprised the market Wednesday by changing their tune. Instead of their…

Short QQQ, Long TLT

Short QQQ, Long TLT

The crowd is right during the trend but wrong at both ends – Humphrey Neill, The Art of Contrary Thinking Contrarian investing is widely misunderstood. Most of the time it pays to invest with the trend and the crowd. It’s…

Long TLT, Short QQQ

Long TLT, Short QQQ

The market has now priced in a soft landing based on the idea that the Fed can get inflation under control without causing the economy to roll over into recession. As a result, investors have piled into QQQ and completely…