The NASDAQ appears to me to be in serious technical trouble. For a while now, I’ve been writing about the “stealth bear market”. That is, important but not leading stocks have been breaking down beneath the surface without doing much…
On Monday March 23, 2020 before the market opened – in the midst of the COVID panic – Chairman Powell essentially told financial markets that he would do whatever it took to support financial markets: The Federal Reserve will continue…
The stock market had a big day Monday recouping most of its losses from Friday. The S&P was +1.32% and the NASDAQ +1.88%. However, a look beneath the hood shows the same problem I’ve been harping on for at least…
Day by day it is becoming clearer to me that the stock market is in the last throes of the great bull market that began on March 9, 2009 – “7 Stocks Are Propping Up The Market And We’re In…
Day by day it is becoming clearer to me that the stock market is in the last throes of the great bull market that began on March 9, 2009. That’s because more and more smaller and lesser known stocks are…
On Friday October 22, the legendary hedge fund manager David Tepper did a fascinating interview with Scott Wapner on CNBC’s Fast Money. In the interview, Tepper said that he wasn’t that bullish on the stock market but that we could…
Tesla (TSLA) stock went parabolic a couple weeks ago so it was always a matter of when not if it was going to reverse. Tuesday turned out to be the day with TSLA -11.99% or $157 billion in market cap….
If you talk to people in the crypto space, and you tell them you’re 100% invested in Bitcoin, they think that you’re super-risk-averse. It’s like the boomer coin – Liz Young, Head of Investment Strategy, SoFi Technologies [Bitcoin is] not…
Monday’s trading session was bullish and the trend remains up regardless of the fundamentals. The most positive development was the broadening out of market strength. Last week was all about mega cap tech pulling up a thin market. Today the…
I got it wrong. Early Friday morning I asked “Is the bull market over?” and answered that – while no certainty was possible on such a question – I believed that in the wake of the negative reception to Apple…