Here’s the PDF file for this weekend’s client note: Top Gun FP Client Note: The Causes Of The Financial Crisis.
The market’s first move in response to the Fed Decision was down, but it’s second move was up – big (Intraday Chart).
“There’s anticipation that second quarter earnings will be better than expected.” – Jim Herrick (subscription required), Head Trader, Robert W. Baird “We think people are gunning to the low side on where earnings should come in…. We think analysts have overdone…
On Tuesday I wrote: The Street interpreted Best Buy’s results as saying that the American consumer is not dead and will continue to spend on discretionary items. That interpretation seems to have played out this week. The S&P Retail Index…
Concerns are mounting that efforts by governments and central banks to stoke a recovery will create a nasty side effect: asset bubbles in real-estate, stock and currency markets, especially in Asia. – “Fears Of A New Bubble As Cash Pours In”,…
Get your beauty sleep this weekend because next week is poised to be epic. In addition to a Fed Decision on Wednesday, we have Big Tech earnings. The market ramped up last week with the S&P breaking out above its…
Markets are idling today ahead of tomorrow’s election. Volume is the lowest it’s been since the lazy days of August. The question we need to ask today is what the likely impact of the election will be on stocks. I want…