Similar Posts
Richard Russell: Look Out Below If This Rally Fails
Reading Time: 1 minuteQuestion — Why do you take the potential break-up of the rally that started on March 9 so seriously? Answer — The public has been led to believe that the recession is about over. Moreover, they believe the stock market…
Intel Increases 3Q Revenue Guidance
Reading Time: 1 minuteIntel (INTC) this morning raised their 3rd quarter revenue guidance from $8.5 bil +/- $400 mill to $9.0 bil +/- $200 mil. That’s some genuinely bullish news though $9 bil is still 12% below revenues from 2008’s 3rd quarter of…
Dispatch From Wonder Land: Fed To Cut With Market At ATHs, CAVA Reaction Illustrates Wall Street’s Short Termism, Trump’s State Capitalism With American Characteristics, Buffett’s Secret Stock
Reading Time: 9 minutesFor years one of my favorite columns in The Wall Street Journal was Dan Henninger’s Wonder Land which he sadly discontinued after 23 years this January. So I’m taking over for the day because yesterday was a whopper! While Henninger…
The Market Is Cracking
Reading Time: 3 minutesThe S&P 500 closed just 9 points above its 200 DMA on Wednesday – a level it hasn’t traded below since mid-May 2025. The Magnificent 7 that have led this bull market since October 2022 are -8.73% YTD. The Equal…
Continuing Optimism Carries Stocks Near Record Highs; Volatility Declines
Reading Time: 1 minuteReally there wasn’t too much to be excited about today. But that didn’t stop stocks from putting in a nice up day approaching their record highs: Dow: +100 to 13878 (July 19 record: 14000) S&P: +8 to 1525 (July 19…
All The News Is Good Means Sell
Reading Time: 2 minutes“There’s a bit of cautious optimism heading into the Fed meeting this afternoon.” – Robert Pavlik (subscription required), Chief Investment Officer, Oaktree Asset Management We’ve had quite a nice move in the markets over the last week plus. Since the…

