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“Digestion” Week, 10 Year Yield Jumps 15 Basis Points, Bitcoin $55k, Micro Cap Insanity
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Bob Rodriguez: “We went over a waterfall but the river is still flowing south.”
Reading Time: 1 minuteIt appears that we have seen the worst of this credit crisis in the sense that we went over a waterfall but the river is still flowing south. The bulk of the economy’s credit problems are still to come, as…
#NailedIt @AndrewThrasher, IWM & EWJ Year End Trade Plan, NVDA Earnings
Reading Time: 7 minutesMaking short term market forecasts is extremely dicey but I have a roadmap into year end. With 6 data light weeks left in the year after this week, two of them holiday shortened, I believe that we’ll see an imminent…
Top Gun Records An Excellent 3rd Quarter Despite Little Long Equity Exposure
Reading Time: 2 minutesTop Gun recorded an excellent 3rd quarter despite very little exposure to stocks – including none (excluding gold equities) for the ferocious, Fed inspired bounce from Thursday August 16 through the end of the quarter. Here’s how the 3rd quarter looked (Chart):…
Mauldin Says The Market Is “Way Ahead Of Its Fundamentals”
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Women’s Retailer Chico’s FAS and Home Furnishings Retailer Williams-Sonoma Report Slowing Sales
Reading Time: 2 minutesAfter the bell on Wednesday women’s retailer Chico’s FAS (NYSE: CHS) warned that August same store sales are showing a decline of about 3% and that it sees dismal same store sales for its third quarter, according to the Wall…