Category Posts

This is the morning report for February 8th, 2024: While the U.S. "market" is attempting to hit a new all time high powered by the...

This is the end of day market report for February 7th, 2024: Robo market continued higher today as the magical 5,000 level on the S&P 500...

Some bizarro headlines last night and this morning... NYCB Bank jumps in the pre-market after naming a new chairman. FR: There has been a...

Overall it was a boring day on the major indices. Judging from the overall action, you would have no way of knowing that NYCB was down...

So far the market is flat this morning. The Dow is outperforming the Nasdaq for a change. Breadth is strong on both exchanges. On the...

For almost the past 24 hours, Zerohedge has had as their lead story the idea that Trump's election is a lock and Wall Street is now going...

Today the S&P Momentum Index (ETF) reached 2020 pandemic overbought at 20% above the 200 day moving average: https://www.invesco.com/us/f...

This morning, Goldman Sachs upgraded Nvidia to what I call "Strong Ponzi Scheme". Looking back, I think we will realize this was the apex...

This is a special report on China... Last night, Chinese markets imploded at the open but then the PBOC Politburo stepped in to save the...

One year ago, Powell shocked markets by stating that the Fed was not planning to pause rate hikes any time soon. Heading into the Jan/Feb...

Wowza. As I wrote earlier today, the manic Tech melt-up went into overdrive, despite collapsed rate cut expectations. It appears that...

What follows is a summary of this week's events. The much anticipated FOMC meeting came and went and the Fed was every bit as hawkish as...