Market Rallies In Last Half Hour
I wouldn’t have expected it but the market rallied strongly in the last half hour taking back about 40% of its losses (Intraday Chart).
I wouldn’t have expected it but the market rallied strongly in the last half hour taking back about 40% of its losses (Intraday Chart).
In Wednesday morning’s blog, “Pay Attention To The Fed Minutes”, I wondered if Powell would blink or continue to hammer away at the necessity to tackle inflation. As far as I can tell, he stuck to his guns on the…
If you’ve been following the stock market this week, you might have come to the conclusion I’ve come to after many years of study: The stock market is a pain in the ass. Put another way, the day to day…
You don’t want to overdo the rate increases – Fed Governor Christopher Waller, quoted in Nick Timiraos, “Fed Leans Towards Another 75 Point Increase: Consensus Builds Against Larger Boost Despite Worry Over June Inflation Report” [SUBSCRIPTION REQUIRED], WSJ A1, Monday…
The rational investor would step away from psychology at this point and take some profits. I suggest this even though I am not changing the long-term buy ratings on my favorite stocks. – Dick Bove, Rochdale Securities, on the financials…
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As we allege in our complaint, Stanford and the close circle of family and friends with whom he runs his businesses perpetrated a massive fraud based on false promises and fabricated historical return data to prey on investors. – Linda…