Just like lumber did a few years ago, Cocoa was thrust into the news for being so incredibly expensive. Once everyone was chattering about it, it cratered with a record fall.
FEEDBoth on a fund level………..by way of XHB: And with individual securities, like KHB……….. Maybe “hosed” is overstating it, but let’s just agree that it looks way more like a “sell” at th…
FEEDHow much can one say about lifetime highs day after day? The bulls still have their sails utterly filled with the strong breeze provided by Fed liquidity, a complacent and giddy media, and the fact that lifetime highs tend to beget more lifetime hi…
After such a strong year for equities in 2023, it may seem odd to think that 2024 could pad those already healthy gains. There are, however, a couple of reasons (besides the government’s persistent aid of the stock market) to consider this mi…
FEEDThese ETFs are exacerbating the damage already foisted upon the real estate space.
The fraud WeWork executed a 1-for-40 reverse split, all in a pathetic bid to keep themselves from being delisted. Its result was precisely what you might have predicted. Have I ever mentioned how I feel about the Neumanns?
Cathie Wood, the most overrated fund manager in human history whose fame is entirely based on the fact she’s a female, must have considered her fund to have been saved about a month ago, since the fakery of 2023 was flowing to her fund’…
There’s just empty air until about $220.
FEED……..and all the while, as the VIX cracks below 13, we have……….
This is a new low. And not the kind of low I enjoy. I can’t remember a time I’ve felt more despairing about the state of the market than right now. From June 16 to August 16 of last year, we had a two month ascent that I thought was the…