The July 11th vanity flight of Richard Branson for Virgin Galactic must be one of the greatest “sell the news” events in recent history.
In spite of the gargantuan rally on Thursday (the biggest rally on the S&P in over SEVEN MONTHS!) the tech stocks, bless ’em, haven’t ruined their bearish setups yet.
The bulwark of high-tech gains from April 2020 through September 2021 was semiconductors, This, I am pleased to say, has failed. The highest point in human history was just last month, but since then, the breakdown is quite clean. This is particula…
I think gold noticed I said it always failed and decided, “Oh, YEAH?” As I’ve persistently said, I want gold to thrive. I’ve got a bunch of the stuff in a safe, and I think there is no better jab in the eyeball to Powell tha…
As a fan of both history and finance, I cannot believe this chart was made five years ago and I had never seen it! In any case, here it is; click on it for better readability, as there is a huge amount of information.
OK, earnings season is starting again, people! And that means we can finally pretend it’s the early 1980s again and things like revenue, earnings, and management actually mean something.
Some clothes-related companies whose stocks I think are in trouble……….
The Eccles Building is absolutely crowded with highly-paid PhDs. Hundreds and hundreds of them work for the Federal Reserve.
Well, I’ve done a lot worse than this before. There’s no doubt about that. I came into the day with the entirety of my IRA account in one and only one thing: short-dated GDX calls. This is very unlike me. I usually spread my risks, and …
