Step by step…………
Every time Consumer Sentiment has dropped from 88 to 70 there’s been a recession. It’s done it again.
Today was an important step forward in the market’s breakdown. When the biggest banks, which have unlimited access to however many trillions of dollars they demand from the US Government, can’t manage to blow earnings expectations out o…
It was a real pleasure to close Thursday with literally every single symbol on my futures watch list red. That hasn’t happened since the Bicentennial, and I wouldn’t mind if it was a daily event. As we approach the kick-off of the earni…
Just a few days in……..
The earnings season for Q4 2021 begins in earnest tomorrow morning, and as is customary, the banks lead it off. I guess the banks go first since it’s so simple to calculate profits when all they have to do is ask for free money from the gover…
This isn’t from March 2020; it’s from this morning………
Almost exactly two months ago, I suggested Restoration Hardware as a short-sale in the post titled Restoration Citation. Well, I’d say that worked out rather well, wouldn’t you? $100 blown away, and plenty of potential left.
Dick Branson’s vanity space tourism company $SPCE has lost 82% of its value for its poor shareholders in just six months time. Just 18% to go! You can do it, Dick!
Yesterday I noticed how the emerging markets fund (EEM) was in a reliable channel for the past year and it seemed plausible that we’d start heading south. Although one shouldn’t draw conclusions based on just an hour of trading, at leas…
