Q1 GDP Expected To Be 1.3%
The stock market was down slightly on Tuesday. Snap stock was down 11% to a 21 handle. While Snap doesn’t have a large market cap, it’s significant because it represents the latest excess of Wall Street. The company has a lock on the attention of teenagers and 20-somethings, but is burning cash quickly. It will…
Are Stocks Overbought?
On Monday, the market sold off slightly. The sell-off was either a continuation of the selling pressure caused by the market being overbought after the Trump-speech rally or because the stock market finally realized rate hikes are coming fast and furious this year. In my opinion, the market shouldn’t have rallied after Trump’s speech because…
The Door is Open, Will the Bears Take the Bait?
After nearly 4 months of complacency a few definitive signs of volatility may truly be emerging. The Sp100 today opened with 95 decliners, first time we have seen this since early November. Moreover, the XLF sold off a bit today with bonds selling off as well. Lastly, we shall build a bullish spread in the…
High Debt & Low Revenue Growth Didn’t Cause A Crash
The stock market was down Monday. The S&P 500 is down about 1% from its all-time high. Anytime the stock market has been down since the election, it’s bigger news than it normally would be because it’s been in almost a straight line higher. It is difficult to remember what a normal market is like…
French Election: Le Pen's Chances Fall
This article is about the latest movements in the French presidential election. The shifts in this election have been happening quickly. The reason I am analyzing it closely because it has the potential to move equity markets, including in the U.S. There has been a wave of populism spreading throughout the world because the global…
Bull or Bear, this Market Shall Torment You in Every Move
Markets moved well within our expected range this past week, even though IPO mania and a Wednesday rally has buyers believing the markets are impervious to anything. Moving forward keep a close eye on your overall risks as bulls will attempt to buy in every dip and bears will look for a catalyst to spark…
Rate Hike In March Certain
In this article, I will review the recent statement made by Fed chair Janet Yellen about the possibility for rate hikes in 2017 and the latest ISM Non-Manufacturing report. The rate hike in March appears to be locked in. I am surprised with the speed at which the market changed what it was pricing in.…
Speculators Rule The Market
There is a distinct possibility we are closer to the end of this bubble stock market than most expect. It’s difficult to determine where stocks are going when they are priced based on the fundamentals. When they are increasing based on sentiment alone, it becomes nearly impossible. Since sentiment is very important to this market,…
Using Time Spreads to Trade the Upcoming Range
After yesterday's market sprint stocks took a deep breathe today with some profit taking selling at all time highs. In tonight's video let's review what to expect in the coming months and the strategy that will work best in that market environment...
Euphoria In Bitcoin & Snap
The circumstances seen in today’s market will be looked back on with awe. From a purely historical sense, being able to watch what’s happening on a day to day basis is amazing because it is a case study in how markets can go awry. Investing is much more difficult because the bubble sucks you in,…