Market Themes/Trends Since The March 2020 COVID Lows: Tech, Reopen Value, Inflation
The stock market has been very thematic since the March 2020 COVID lows as investors try to invest in an environment of extreme uncertainty.
PANW, DE & AZO Earnings
As a generalist macro investor I focus on mega caps or stocks in the S&P 100. I look for high quality, reasonably valued stocks that express my macro views. This morning I feel like digging into a few stocks that recently reported earnings to see if any might be prospects for my portfolio as well as for the light they might shed on the market as a whole.
Is The Bubble Popping?
There is a debate among economists about whether we are on the verge of one of the greatest economic booms in history or whether the current market rally is the bubble of all bubbles. The consensus view reflected in market prices is the former. The latter is the correct one in my opinion…
The Fed Is Buying Stocks Again, DIS Earnings
I’ll never forget it. It was 11:50am Friday March 26, 2021. I was short stocks, mainly tech stocks, and doing quite well when, all of a sudden and out of nowhere, stocks started to rip higher. From breaking down they went to exploding higher without rhyme or reason. I believe the NASDAQ ripped higher by ~2% in that time period into the close
That 70s Show: Inflation Is Set To Roar
There is a very interesting dynamic playing out in the economy right now that is almost certain to result in significant inflation. That dynamic consists in the reality of inflation as described by corporate executives, some examples of which you can read above, combined with the Fed’s refusal to admit that it’s anything more than “transitory”.
My Problem Stocks: CLX, GILD, MO
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A Divergence Between the QQQ and the NASDAQ, Bitcoin < $50k, T and SNAP Earnings: A Tale of Two Different Kinds of Stocks
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Inflation Watch: PG & KMB To Raise Prices, Precious Metals & Miners Surging, Tobacco Stocks Face Regulatory Risk
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Small and Micro Caps Diverging, Defensive Stocks Breaking Out, KO Earnings, Insider Weekly Sales To Buys: 143 To 1
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10 Year Yield Drops 11 Basis Points, NASDAQ on the Verge of New ATHs, Precious Metals on the Move
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