June 5 Bloomberg Interview With The Great Michael Steinhardt
(Via Infectious Greed)
(Via Infectious Greed)
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Last Thursday the market opened strong only to roll over hard into the close. The S&P had a 100 point range of approximately 5150 to 5250. Friday was an inside day in which all of the price action took place…
As we enter the holiday season into year end there will be less data to move markets and seasonality historically plays a significant role. Next week the NYSE and NASDAQ are closed for Thanksgiving on Thursday November 24 and there…
Honeywell (HON), a big, diversified manufacturer, reported earnings this morning. They earned 80 cents a share, beating estimates for 72 cents, but revenues were off 17%, more than $1.5 billion to $7.7 billion. They cut Selling, General & Administrative expenses…
In an interview on CNBC’s Closing Bell Wednesday [SUBSCRIPTION REQUIRED], BTIG’s Chief Market Technician Jonathan Krinsky said that the current rally is either the weakest start to a bull market ever or the biggest bear market rally ever. He said…