New bull market? No. Unproven. New lows to come or a retest? No. Unproven. Markets are engaged in a key battle between the worst evolving fundamental picture in our lifetimes on the […]
Nasdaq green for the year. What crisis? The Fed’s got this. Only took $2 trillion in balance sheet expansion in four weeks and all is well again. Non. Sense. Indeed I can […]
Why did $SPX hit a wall yesterday at 2850 and then reversed today? Because technicals. As discussed last week we had been working with bullish patterns on $SPX and $RUT. This weekend […]
We can’t print ourselves out of this crisis again, but that isn’t stopping the Federal Reserve from trying. Thursday’s intervention program, the latest in a string of panic moves to keep the […]
One of the most hard hit sectors during the 2020 crash has been small caps. Absolutely decimated during the crash giving up half of its gains since the 2009 lows off of […]
I had a lot of time away from screens this weekend which is probably a good thing. Always good to get to step away and get a different perspective away from the […]
Off to the new quarter we go. The last quarter was historic, it had a massive blow-off top fueled by cheap money andexuberant optimism ignoring all the negatives and technical warning signs, […]
The more I read and observe the clearer the message: Nobody knows anything. And by that I mean nobody truly knows how any of this will turn out and I think this point […]
The year is 2020. A new virus is spreading across the planet like a wildfire. More lethal than the flu, highly contagious with no cure. Stocks markets collapse, global economies are shutting […]
Lots of proclamations and predictions out there. Lots of certitude expressed at a time of the greatest uncertainty.