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Pay Attention To The Fed Minutes
Reading Time: 3 minutesI think we all know by now that it’s all about The Fed. Ever since Powell pivoted hawkish on April 21 it’s been straight down for risk assets. Which brings me to the release of today’s Fed Minutes at 2pm…
Bizarre Action In Countrywide Causes Market Selloff
Reading Time: 2 minutesWe’re pretty much just treading water here, consolidating the big down moves for last week and waiting for earnings. Stocks were up a bit this morning until Countrywide Financial (CFC) started selling off around 11am EST. The shares lost about…
End Of The Year Fun And Games – Tax Loss Selling and Window Dressing
Reading Time: 2 minutesLast Monday, on the first trading day of December, I put up a post on “Santa Claus Rallies”. Today, The Wall Street Journal has a story on the same thing on the front page of it’s Money & Investing section:…
It’s A Bull Market
Reading Time: 4 minutesNOTE: Every week or two I wrote a Client Note for my clients. I post most but not all of the notes to my blog but with a time delay usually between 1 day and 1 week. To receive the…
GOOG Earnings, Breakout Pending, 1998 Analogy
Reading Time: 4 minutesGoogle (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…
Fade Elon’s “Billionaire Retail Therapy”
Reading Time: 4 minutesFirst off let me say that I love Twitter (TWTR). I find it to be a terrific platform for following smart and insightful people as well as sharing my own ideas. However, I don’t believe Elon Musk’s investment in the…
