It’s Bad!!!! ….. Oh ….. No ….. Wait …. It’s Good!!!
The market’s first move in response to the Fed Decision was down, but it’s second move was up – big (Intraday Chart).
The market’s first move in response to the Fed Decision was down, but it’s second move was up – big (Intraday Chart).
Worthwhile piece on the front page of today’s NY Times business section, “Some Analysts See an End to Market Rally”. One interesting piece of data from the article was that a report from TrimTabs on Friday showed the ratio of…
Is the Federal Reserve an independent monetary authority or a handmaiden beholden to political and market players? Has it reverted to its mistaken behavior in the 1970s? Recent actions and public commitments, including Fed Chairman Ben Bernanke’s testimony to Congress…
Minyanville professor Jason Goepfert of Sentimentrader.com noted last week that individual investor exposure to stocks is the highest since October 2007 while exposure to cash is at levels last seen in August 2000. It’s amazing really, almost like the financial…
Three months ago on the afternoon of Wednesday May 24, Nvidia (NVDA) gave surprisingly strong current quarter guidance in conjunction with its earnings report. The guidance for $11 billion in revenue in the current quarter blew away the consensus estimate…
When I went to bed last night around midnight PST it looked like Friday was setting up to be a bad day. Japan had crashed – down 875 points or 5.42%. Europe had opened lower and looked poised for a…
While the market held up last week despite underperformance from the Magnificent 7 (or Fab 5) because of strength in the rest of the S&P 500, it can’t go much higher without them leading. That’s simply a function of math:…