Bullish Pause as Bears Lie in Wait
Major market gauges finished higher on the session despite US dollar strength and rising yields. Not exactly the setup for a furious rally to the upside. What do the volatility markets have to say about the next leg?
Stagflationary Moves in Bonds and Oil Opens Golden Opportunity
Is there anything better than stagflationary pressures for gold prices? Weaker dollar and falling interest rates create a sweet spot for gold (GLD, GDX, SA, JETS, OXY, WBA, CVS)
Market Pops on AMZN & TSLA, Staples Surge...Cannabis Munchies
It was an unusual day as Consumer Cyclicals Surged on AMZN and TSLA movement. As a data-heavy week approaches, the binging on Cylicals and Staples may be premature. Key CPI, PPI and retail sales may create volatility as the market sorts out the Fed's next move ($VALE, $EWZ, $GOOG, $UPS, $HYG, $KHC, $AMZN).
Chinese Stocks Surge as Option Activity Explodes..Time to Fade?
Two consecutive days in the green had option traders looking to Chinese stocks for leadership. With Chinese stimulus efforts underway, is this the beginning of the next big rally or do you look to fade the rally? (KWEB, BABA, JD, ASHR, GOOGL, OXY, DIS, MET, CAG, XRT, PFE)
Tech Leads, Energy Bleeds as Yields Test New Highs
High beta Technology shares surged today as Energy and Low volatility headed lower. This rotation happened as 10-year U.S. Treasury yields surged to 12-month highs and mortgage rates are at 2000 highs. Today's video put the rotation into perspective. (LOW, URA, TSLA,, CRWD, ARKK, XOP, SWN, TSM, M)
Bears Falter After Their Two-Week Streak
The S&P 500 posted its first consecutive down-weeks since May. After seeing the S&P 500 rise today, has the market escaped their grasp? Let's look at the bull and bear case for the coming week. (ERIC, VOD, KRE, HL, XLF, FXI).
Buffett's Berkshire Pops! What's in a Name?
Warren Buffett's Berkshire Hathaway popped today on insurance business and a cash hoard of $150 nearly $150B. What's his secret? Also, rotation to dividend paying names appears to be paying dividends.(CPRI, PLTR, COIN, X, AGNC, CSCO, MNST, AG, IBM)
Is MSFT the Canary in the Market? Just Say 'AI'
With Apple Inc (NASDAQ: AAPL) and Amazon.com Inc (NASDAQ: AMZN) set to announce earnings this week, is there any indication the market is overheating? Looking at Microsoft Corp (NASDAQ: MSFT) earnings revisions, it appears to be so. Following their earnings report last week, MSFT has seen 10% negative EPS revisions for current and next year's…
Tech Stall has Market Banking on Energy and Financials
Technology has been tailing the past few weeks as its performance has found itself near the bottom of the list of 11 sectors. After such an explosive start to the year, it's getting quiet and unexpected sectors like Financials and Energy are taking off ahead of a data-heavy week. Is this the beginning of the…
Financials Pop as S&P Tests Highs and Earnings Ramp
Last Friday kicked off earnings season as JP Morgan Chase & Co (NYSE: JPM) and other money center banks received mixed results. With Bank of America Corp (NYSE: BAC), US Bancorp (NYSE: USB) and others on tap this week, we get a full complement to digest. Today, it was financials and tech leading as the S&P 500…