June 5 Bloomberg Interview With The Great Michael Steinhardt
(Via Infectious Greed)
(Via Infectious Greed)
On August 24, I argued in “The Bear Market Rally Is Over” that the outperformance of The Magnificent 7 was masking weak overall market internals and that the bear market was over. About a month later on September 20, the…
First a caveat. While formerly a permabear, I have seen the light and become a Warren Buffett-style long term investor (see “The Enduring Investment Principles of Warren Buffett”, January 14, 2025). After a long period of being bearish and wrong…
In fact, we are profitable through the first two months of 2009 and are having our best quarter to date performance since the third quarter of 2007. – Vikram Pandit, Citigroup CEO, in a memo to employees Monday The cause…
Take a close looks at the eighteen red dots in the chart above by Jason Goepfert of Sentimentrader: 1987, 1990, 1998, 2008-2009, 2018-2019, 2020. Breadth readings this bad – this many stocks hitting 52-week lows on the NYSE and NASDAQ…
We’re in a mini Goldilocks scenario. The soft landing is playing out – Alessio de Longis, Senior Portfolio Manager, Invesco There’s too much reliance on a soft landing at this point. We need to be a little bit cautious –…
Before the open this morning, JP Morgan analysts downgraded semiconductor king Intel (INTC) from “Buy” to “Hold”. They suggested Intel experienced a late quarter slowdown in orders that will hurt the 4th quarter and therefore slightly lowered their 4th quarter…