Looking For Love In All The Wrong Places
I have personally sworn off the dating apps – Tinder, Bumble and Hinge – but at the end of the day that is where young people nowadays go to get a date and meet someone. And while the stocks have…
I have personally sworn off the dating apps – Tinder, Bumble and Hinge – but at the end of the day that is where young people nowadays go to get a date and meet someone. And while the stocks have…
Stocks ripped higher last week – with the S&P and NASDAQ each gaining about 6% – after the Fed meeting Wednesday as investors concluded that the Fed is done hiking rates for this cycle. You can see this in the…
The crowd is right during the trend but wrong at both ends – Humphrey Neill, The Art of Contrary Thinking Contrarian investing is widely misunderstood. Most of the time it pays to invest with the trend and the crowd. It’s…
In about three hours, the Fed will release its interest rate decision and statement followed by Powell’s press conference. While it’s almost a lock that the Fed will hold interest rates steady, it seems likely that the statement and Powell…
Heavy machinery maker Caterpillar (CAT) reported 3Q23 earnings Tuesday morning and the stock is breaking down below its 200 DMA at the open. While sales of $16.8 billion beat estimates and increased by 12% compared to a year ago, investors…
Last week was an important week as the market cap weighted S&P and NASDAQ both broke below their 200 DMAs. It was something I’d been expecting given the underlying internal weakness in the market for quite some time now (“The…
On Wednesday night I said that “The Bull Market Has Been Canceled” because the Big Tech stocks that had been holding up the market were starting to fail. The smaller stocks in the S&P and Russell 2000 had already broken…
Any weakness in [Big Tech’s earnings reports] could be the catalyst for the market weight S&P to decisively break below its 200 DMA which I’ve been forecasting for three weeks now – “Market Technicals Heading Into Big Tech Earnings”, Top…
We live in what I have come to term “the culture of nihilism”. It is a culture characterized by self absorption, selfishness, lack of concern for others, incivility, rudeness and nastiness. Nietzsche prophesied it almost 150 years ago and his…
The market weight S&P 500 closed just below its 200 DMA Monday as we head into the heart of 3Q23 earnings season with Google (GOOG/GOOGL), Microsoft (MSFT), Facebook (META) and Amazon (AMZN) all reporting earnings this week. As Karen Langley…