As expected, Wall Street puked over former Facebook, Meta, that dragged down everything that looked like a tech stock from a very far distance. And now, the question is, will Amazon lift the market? It is easy for panickers to throw away everything including their underwear, but difficult to jump back in. Some don’t even Continue reading →
Making 45% Annually Trading Options Against Dividend Growth Stocks
Facebook missed… Wall Street pooped 20%, and tomorrow may be an S&P 500 selloff
Apple and Google shined while social media such as Facebook, Snap, and streaming providers like Netflix pooped. These “distractions” providers had something in common: a loss of users growth or users engagement growth. But the problem is that Wall Street is looking at these companies through the lenses of the 2020 Covid era. People were Continue reading →
Did you sell everything today? Psychology and stupidity of retail investors.
Did you join the retail investors today and sold everything? If you are wondering what drove the market today, you no longer have to. It was retail investors according to Blomberg and data from brokerage houses and their order flow reports. Today’s trading in the stock market was a typical view into the soul of Continue reading →
ARKK embarrassing results
ARKK returns last year and at the beginning of this year were so embarrassing that they decided to change their home page to no longer indicate YTD returns.
Our SPX PCS strategy will be spectacular when panic selling ends
This selloff in SPX is a blessing as well as a sour moment in the markets. It is a blessing because once this ends and people realize that they were overreacting once again, we will see a nice recovery. It may be slow and long, or a “V” shaped. In both cases, once our SPX Continue reading →
Stocks bounce couldn’t hold
It looked promising in the morning as the stocks bounced higher possibly creating a bottoming process. But then it was slowly bleeding and erasing all morning gains. The investors continue to act as if FED is going to increase the rates to 10% or some similar number. Not the case. At the most, we will Continue reading →
The market bounced, was it enough selling or will we see more?
After Wednesday’s market selloff we finally got a bounce. This was a second bounce last week. The question is, will a momentum hold followed by a rally – a sustainable rally, or are we seeing just a relief bounce/rally and renewed selling next week? We must wait to see. Bearish sentiment, not so bearish Continue reading →
Market is still going lower but you should not panic
It is difficult to watch your portfolio value slump when the market is selling off. I am down almost $7k as of today. But I am not worried about it. Why? It is because I hold good quality stocks. At least, I think they are good quality companies. And I haven’t sold a single share. Continue reading →
The market was weak and hopeful but today it broke
I prepare my newsletter about the market outlook during the week and I wrote this yesterday: So far, this market has shown weakness. But a few things may turn this around – 4Q earnings season and good retail sales reports that will propagate into the earnings results and estimates. If that doesn’t save us, nothing Continue reading →
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