Layoffs, Poor Earnings and a Rally?
-Good news is good again? -durable goods, GDP, PCE Layoffs IBM, DOW, SAP, MSFT, GOOG, AMZN, META -Earnings, MSFT, INTC, AXP. TSLA -BX redemption requests 7% of 73 billion -Will the FED crush the Rally or fuel it? Get your trade on-- This week's Profits and Losses -covering short /ZB premium -sold Ultima calls, QQQ,…
Good News Become Good, Again!
In today's video, we discussed the solid economic reports including Advance GDP and New Home Sales. We also discussed a warning and opportunity due to the continued inverted state of the yield curve as well as show key industries that have historically done well during an inverted yield curve.
The Rally that Will Not Die!
The market continues to show it's resilience today as the "RIP YOUR FACE OFF RALLY" continues! Has the economic environment changed enough to suggest we are at the start of a new bull market? Join Don, in tonight's video, and find out...
The Earnings Shall Continue! Today's Key Updates for You (MSFT)
Another day, another round of fresh new earnings and plays to take in the news-fueled volatility. While the equity market was in a flat range most of today, some stocks made big post-earnings moves and there are more major companies reporting after the bell and later this week - including Microsoft (MSFT) today and Tesla…
Sector Alert for Consumer Staples - Jeff Bierman tells Markets Insider
Excerpt from the article/interview: "Every sector of the S&P [500] needs to come to a single-digit multiple before it signals a market bottom," Bierman wrote. "Semiconductors, oil, and retail (in certain parts) are there. Consumer staples - not even close." He pointed to Coca-Cola, a favorite of Warren Buffett's that Bierman views as overvalued because…
Investors are Detached from Reality - Jeff Bierman Tells MarketWatch
Excerpt from the Article: After the U.S. stock market made all-time highs last year, I spoke with Jeffrey Bierman, a professional stock-trader with more than three decades of experience. Bierman also lectures on TheoTrade.com and TheQuantGuy.com, and is an adjunct professor at Loyola University and DePaul University, both in Chicago. At the S&P 500’s SPX, -0.07% high he…
The Squeeze Continues as Tech Surges 2%
The bear market rally continues as Technology, Communications and Cyclicals power higher ahead of the Federal Reserve announcement next week. The current rally mirrors the list of the highest beta names of the S&P 500 as represented by the Invesco S&P 500 High Beta ETF (SPHB) and the most-shorted publicly traded stocks. When is the…
Consumer Staples are a Bubble Just Waiting to Burst - Jeff Bierman Tells Business Insider
Article Excerpt: Investors sought refuge in consumer staples stocks last year as the broader equity market sank into bear territory, but that group is now in a bubble that's on the verge of popping, says one veteran chart technician. "The greatest opportunity to short on Wall Street, according to risk/reward, is consumer staples. This is…
Overbought and Overpriced - Jeff Bierman Tells MarketWatch
Excerpt from the article: Investors wouldn’t be blamed for sizing up the first losing week in three for the S&P 500 and decide to start the weekend early. And stock futures are just barely positive. Who can blame them after the mixed bag of data this week that has reigniting worries in some corners about…
Jeff Bierman Talks Market Recalibration with Money Tree Podcast
Excerpt from the Article: This week we interview Professor Jeff Bierman. We discuss why 2022 was a year or reprogramming and why 2023 will be the year of recalibration. There are large changes afoot and we discuss most of them on this show. Fed fueled fantasy, rotations, locking in yield, active vs passive, valuations, and…