(9/26/23) Some market volatility due to quarter-end rebalancing of portfolios. Some downside risk remains. Markets are in search of a catalyst, and trading at the mercy of rebalancing activity. Compo…
(9/26/23) Markets are holding support and will retest the downside today. There certainly is some downside risk. We're over-sold and the MACD sell signal needs to turn. Statistically, a weak August a…
(9/25/23) How Taylor Swift and Beyonce moved the GDP needle; wrapping up September and the next earnings season preview; can corporate profit margins be maintained? Will the Fed continue to be wrong?…
9/25/23) The S&P closed down on Friday after spending most of the day in positive territory in a choppy day of trading. But markets held support going back to the lows of June. But, if markets cannot…
(9/22/23) The Oscar Meyer Weinermobile is returning; Jerome Powell & the shrinking market; the resilience of the consumer is weakening, cooling down. Candid Coffee preview of Progression Planning pre…
(9/21/23) The markets' response to Wednesday's FOMC meeting and comments from Jerome Powell were the same as the past eight such announcements. The unspoken question: When will the Fed begin to cut r…
(9/21/23) Market Futures are pointing lower this morning following yesterday's FOMC announcement essentially promising higher rates for longer. However, markets may close to the end of the current co…
(9/20/23) It's FOMC Day: Rate decision and economic forecasts + the Powell presser. Two questions remain: Is the Fed done, and when will the rate cuts begin? Are we doing Bonds wrong? A discussion ba…
(9/20/23) The market is glued to what the Fed will say this afternoon following its monthly FOMC meeting. Despite the volatility and choppiness recently, markets have really gone nowhere. Markets are…
(9/19/23) What's wrong with prepping for Halloween...in September? Fed meeting preview; earnings season is all but done, oil prices are creeping up, most over-bought commodity, so look for a pullback…
(9/19/23) The market is beginning to price-in what they expect to happen, essentially holding flatly against a consolidation line. Markets are close to being over-sold and close to triggering a short…
(9/18/23) Last week's market pressure came from economic numbers; this week, it's the Fed meeting, and the 'will they, won't they' question about raising rates. Most likely, the Fed will hold steady …
(9/18/23) Markets closed down a little more than 1% on Friday, taking out the 20- and 50-DMA. Friday was strange due to the largest options expirations on record: A lot of stocks had to be sold and t…
(9/15/23) Predictions are for no more rate hikes for a while; UAW Strike is on: What do you do if you need a car now? How to plan for taking care of elderly parents. At what age are best financial de…
(9/14/23) The ARM IPO debuts today at $51/share; why IPO's aren't a good deal. PPI preview; CPI review: Inflation up on fuel prices and housing costs; the Fed is on hold for now. Market Volatility is…
(9/14/23) Volatility remains exceptionally low, despite CPI and inflation news. The sell signal is now pretty deep. What could trigger the next round of volatility? An impending strike by United Auto…
(9/13/23) Markets rallied into Apple's iPhone reveal, then sold off yesterday; who can afford an iPhone 15? CPI for August to be released this morning (3.7% vs anticipated 3.6%). Lenders are now roll…
(9/13/23) Markets rallied into Apple's iPhone reveal, and then sold off. The wedge pattern of rising bottoms and declining tops is becoming more pronounced and more compressed, and prices are going t…
(9/12/23) The markets have gone 95-days since any correction of at least 1.5%; today is Apple day: Where did the hype all go? Tomorrow's CPI report is expected to show inflation a tad higher, but not…
(9/12/23) Options traders continue to pile-in to short-dated options, or Zero-DTE (Days to Expiration) options, essentially gambling in terms of the general market. This is no surprise, considering w…
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Tue 12 Sep 2023
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