(2/14/24) Markets have been due for a correction for some time; that happened yesterday, taking markets right down to ther 20-DMA, but buying activity at the end of the day may have been a hint of re…
(2/13/24) It's CPI Day (the Consumer Price Index increased .3% in January; on an annualized basis, CPI dropped from December 3.4% to 3.1% for January.) Actors, do not lie on your application (especia…
(2/13/24) Markets didn't do a whole lot on Monday, starting flat in the morning, a brief interlude of buying at midday, and ending flat in the afternoon. The markets' trajectory remains essentially u…
(2/12/24) Markets reached the magical 5,000 mark on Friday, and momentum will continue to carry investors forward, but for only so long; how we're preparing for the eventual pullback. A correction of…
(2/12/24) Markets achieved the much-vaunted 5,000 mark on Friday; but there are details under the surface that warrant investors being more cautious. The market has been positive 14 out of the past 1…
(2/9/24) Rich & Danny prepare for today's market action & economic releases; the notion that markets believe the Fed should lower rates is un-believable. Labor and unit costs will ultimately be the d…
(2/8/24) Fair warning, fellas: Valentine's Day is one week away; Lance's annual safety PSA. What do all the numbers and charts really mean about the economy? Financial Obligation Ratio's look great f…
(2/8/24) The S&P set another, new all-time high on Wednesday, closing just short of the psychologically-important 5,000-mark (see article link below). Market internals, however, are showing a very di…
(2/7/24) Early morning coffee snafus: That's no way to start the day. Headline economic data is not comporting with on-the-ground reality: Credit Card and Auto Loan delinquencies are on the rise beca…
(2/7/24) The data proclaiming cheap valuations in international markets, emerging markets, and small-cap/mid-cap markets may be true...but...a longer look at markets' performance provides a clearer p…
(2/6/24) Market Behavior in a Presidential Cycle: Markets are positioning for a GOP win in November; Jerome Powell is now more inclined to NOT cut rates any time soon. Markets now need a narrative to…
(2/6/24) Markets sold off slightly yesterday, but remain withing striking distance of 5,000 on the S&P. We believe markets will achieve that level before the current rally is over. At this point, it'…
(2/5/24) Getting February underway with an "amazing" Employment Report (with seasonal adjustments!) Full Employment is trending downward; where did 4-million people go?? Interest Rate cuts have been …
(2/5/24) Markets really don't care about the internals of economic reports; at least not as much as you might expect. Markets aren't doing the analysis. Markets see the headline data and move on, whi…
(2/2/24) King Cakes, Ground Hog's Day, & Meta results: finally paying a dividend to investors. Fed commentary: will the labor markets crack? Will the Fed continue to move the goal posts? Our next Can…
(2/1/24) Amelia Earhart was lost 83-years ago, and her missing plane may have been located in the Pacific Ocean, solving the mystery of her disappearance. The mystery of how the Fed operates, however…
(2/1/24) Markets are close to triggering a MACD Sell Signal after yesterday's post-Fed Meeting sell-off. Futures are pointing higher this morning, indicating the possibility of buyers coming in today…
(1/31/24) Earnings season continues, with AMD, Google, Microsoft, and NVDIA expected to fall after turning in their reports: Earnings have been okay, but not as good as expected. After "good" reports…
(1/31/24) Corporate earnings are coming in good, but not as good as expected, especially with Mega-cap companies. The S&P remains over-bought, and we're looking for an eventual (and normal) correctio…
(1/30/24) Mega-cap Earnings reporting continues with Microsoft reporting today; companies are meeting (lowered0 expectations, but not blowing the doors off. Valuations & Reflexivity Theory teaser, FO…
00:46:01 |
Tue 30 Jan 2024
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