The S&P 500 is pushing up against a strong zone of overhead resistance. Whilst rejection is likely – if it can break through – we could see a strong move higher.
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
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 »
"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 »
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 »
