Remember about four years ago when the hottest sector around was marijuana? (You know it was a big thing, since it was the latest fad James Altucher tried to profit from). Let’s just say pot didn’t turn out to be the biggest thing on th…
Investors have been rampaging back into some of the most ravaged issues in recent days. One I’d like to point out is the fund HYG, which is the high-yield corporate bond ETF (in other words, a way to earn 2% interest while seeing 10% of your …
Home prices are still strong, but the strength behind those prices (AKA the volume) is on the wane.
OK, look. I can play the hero now and then. Or at least be a stalwart example in the face of adversity. But this is starting to get annoying. Monday was a bad day. I stood fast in the face of it. Every morsel of cash lost on Monday can tumbling bac…
FEEDWell, shoot, I was wishing this would be Splunk, but it’s Snowflake instead. What a dog! Of course, you can probably already guess the next part………..
FEEDI know, I know. I’ve heard all the words. Oversold. Capitulation. The Fed Put. Buying opportunity. The whole schtick. And I’ve seen the counter-trend bounces and the fact that 99.999999999% of the planet wants the market to go up, and g…
On Wednesday, after the close, Splunk (symbol SPLK) reports their earnings (well, “earnings”, since they lose money every quarter, it seems). They haven’t been public very long, so it doesn’t have the decades of history I lo…
Apple, the one thin reed still holding this joke of a market together before it completely collapses, has undergone an important change in recent weeks. You see, for almost a decade, it reliably banged within that large channel you see below, and a…
Homebuilding, as always, is getting utterly trashed, and has a long way to go: Symbol XHB And – – did I mention the train wreck known as the retail sector? Symbol XRT