Last week we experienced an incredible market rally. The S&P 500 rallied from a several weeks long bearish craziness to a bullish madness by 5.86%. What is crazier is that this, almost, 6% rally took just 5 days to happen. On average, this rally consisted of a 1% a day move. And now, the question Continue reading →

The market lost 9.94% since the end of July this year. It was a brutal decline. Selling had only a few bounces but new sellers came in and pushed the markets lower pushing it into a correction territory. It is perfectly normal and to be expected correction. Too soon after a recovery from the not Continue reading →

The market was declining last week but none of the selling was aligned with economic data. Economy is clearly strong. Labor market is strong. And the consumer’s sentiment is improving. Unfortunately, in today’s market, this is negative. Good news is bad news. Investors simply ignore that the inflation as transitory after all and it will Continue reading →

Powel is speaking and as he does, he provides “hints to the FED’s rate hikes pause” then says the economy is still too strong and so he may raise the rates up and seesaw continues. And the stock market is on the FED’s swing.     As long as the market stays flat overall (we Continue reading →

The market is experiencing more weakness on Thursday, October 19th, 2023. Futures were down significantly overnight but surprisingly recovered all losses prior to opening. Unfortunately, after opening the markets slipped lower ahead of J. P. speech today at noon ET. We can only speculate about how Wall Street will react to his speech. The market Continue reading →

If you go to social media like Twitter or Reddit, you will find many people posting about high inflation and how we are being lied to by the government. The narrative is that inflation is a lot higher than we are being told. Not 2%, 3% or 4% but 75% (let’s ignore for now that Continue reading →

Morning started lower and I expect choppy market today. Media (this time Reuters) are again telling us: “Wall Street’s main indexes opened lower on Tuesday as hotter-than-expected retail sales data stoked worries U.S. interest rates could stay higher for longer, with the Middle East conflict further denting sentiment.” Once again, worries, fear, shivering is driving Continue reading →

Good question, right? Investors turned bullish again as we started earnings season and banks turned out strong. Jamie Dimon, who recently warned us about gloomy future as the most dangerous time the world has seen in decades suddenly turned around with bullish claim that the earnings recession may be over (whatever that means). We only Continue reading →

You may have asked this question because at the beginning of the year or in 2021 you bought a few REITs you were told that they were great, mainly those high-quality ones like Realty Income (O), VICI, ARCC, MPW, and many others. And today, these shares are biting the dust. Reddit is full of people Continue reading →