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Is Inflation Sticky? NVDL: 2x Long NVDA
The February CPI came in this morning marginally hotter than expected with both headline and core increasing by 0.4% month over month. As I wrote earlier this morning, bulls would have liked to see core at 0.3%. Which raises the…
Impeccable DIS & UBER Earnings Ahead Of The Jan CPI
Disney (DIS) reported sparking 4Q21 earnings after the close Wednesday. Disney’s streaming service Disney+ continues to grow extremely rapidly adding more than 10 million subscribers in the quarter to reach 129.8 million from 118.1 million at the end of 3Q21….
Why I Suspect This Is A Bear Market Rally
I have been going back and forth over the last week or two: Bear Market Rally or Correction In An Ongoing Bull Market? In the wake of the strong bullish reaction to Google’s (GOOG/GOOGL) 1Q25 earnings report on Thursday April…
Fade The Rally
Monday after the close I suggested that the NASDAQ’s rally off last week’s lows might be petering out due to rising interest rates and resistance at the 50 DMA. Tuesday’s 1.95% rise in the NASDAQ combined with the continued rise…
