The Fed’s ‘Zombification’ of Corporate America
When the Fed declared their intent to purchase corporate debt ETFs at the height of the crisis- some considered it a step too far. Today they declared this still wasn’t enough…
Fed Goes Nuclear with QE!
What we’re seeing today is unprecedented on various levels. And I’m not just talking the government’s “induced economic coma”…
Recent Posts
Will Rising Bond Yields Threaten the Record Rally?
Stocks are in a rare sweet spot. Interest rates remain low... the Fed has their back... with ~$2.0T in fiscal stimulus on the way. But …Read More »Has the Game Stopped?!
For approx one week - this tiny "bricks and mortar" gaming retailer dominated just about every financial headline... And it's easy to understand why... When …Read More »VIX Sharply Higher after a Wild Week
All things GameStop aside - it was a wild week on Wall Street. Markets saw their biggest weekly fall (4%) since last October... with the …Read More »The GameStop “Revenge” Bubble.
A little known $1B brick and mortar retailer known as "GameStop" is dominating every financial news headline... And for good reason... the retail trader is …Read More »Bubble Trouble Ahead?
You could do far worse than listen to Charlie Munger.... For those less familiar, he is Warren Buffett's right-hand man. Here's what he said this …Read More »Buy the Next Pullback for a Solid 2021
November and December have been filled with investor optimism. News of vaccine and fiscal relief have propelled the market to new highs. It's clear skies …Read More »Transports Diverge from S&P 500 – Pullback Coming?
Dow Theory posits that the stock market is on the upswing when the Dow transportation average and the Dow industrial average make new highs, either …Read More »Fed Pledges Its ‘Support’… As Retail Sales Plunge
Investors were given a reminder this week on just where the consumer is. Retail sales dropped 1.1% last month, with receipts declining almost across the …Read More »Why the Fed Will Continue to Print
Core PCE Inflation at 2.0% to 2.50% is something that Fed aggressively targets. However, for a decade it's been stubbornly below its objective. And until …Read More »The Case for Gold Remains Strong
This posts makes the case for gold. If I’m correct (and I may not be) - we will see massive fiscal deficits from government enabled …Read More »Quiet Week Ahead of Fed Meeting
Two things worth watching this week: (1) possible "bridging" deal (partial stimulus) from Congress; and (2) sentiment from the Fed's last meeting for the year. …Read More »3800 to 4500: Bank’s Bullish Targets for Next Year
Major investment banks are bullish on 2021... very bullish. This comes as global markets achieved $100 Trillion in market cap. Thanks central banks! Without "free …Read More »Weak Nov. Jobs Report Fuels Further Stimulus Hopes
The November jobs report was far worse than expected. The U.S. economy added only 245,000 jobs in November -- well below the 500,000 that many …Read More »Value Stocks are Hot… Here’s One on my List
The trading story for the past 30-days (or so) has been all about the reflation trade. You might also say it's the return of beta …Read More »Yield Curve Steepens… and My Latest Trade on CRM
2021 optimism is in the air. Why? Look no further than rates and yields. This is a zero rate environment or negative in real terms. …Read More »What Happens After a Double-Digit Return Month?
It's exceptionally rare to see double-digit broad market returns in any one month. In fact, we have only seen seven the since 1992... with one …Read More »S&P 500 to Gain 11%+ for Nov… as Online Sales Surge
"Black Friday" is generally regarded as one of the largest U.S. shopping days of the year... It's also the start of the Christmas holiday season …Read More »Gold: It’s Time to go Long
Gold has been sold heavily since the beginning of August... but today I will present the case as to why it's time to buy. The …Read More »Shattering Market Records on the Basis of ‘Smooth Sailing’ Next Year
Santa is coming... He might be a little late but the gift of more cheap money is almost certainly on the way. Great news! Low …Read More »Are the Stars Aligning for 2021?
The market's can't put a foot wrong... Hot on the news of Pfizer's and Moderna's vaccines - today it was AstraZeneca's turn. The COVID-19 cavalry …Read More »
