Thanks to Liz Claman, Kathryn Meyers and Jake Mack for having me on Fox Business – The Claman Countdown – on Tuesday. I joined Jon Najarian – who will be a special guest on our podcast|videocast tonight. Watch here for my outlook and a turnaround pick:
Here were my notes ahead of the segment:
Continue reading ““Earnings Results Hopping” Stock Market (and Sentiment Results)…”
Slowly but surely we are getting all of the weak sisters flushed out of undervalued great companies – while they chase into overpriced momentum vehicles that are set up for a fall. Continue reading ““Weak Sisters Flushed” Stock Market…”
This week, the Wall Street Journal published an article entitled “Another Black Monday May Be Around the Corner.” Continue reading ““Doom & Gloom” Stock Market (and Sentiment Results)…”
Markets are clearly concerned about the U.S. budget deficit and war spending. Since the war began, the Biden administration and the U.S. Congress have directed $76.8 billion in assistance to Ukraine. The Administration is now drafting a bill for another $100 billion for Israel and the Ukraine. Continue reading ““The Only Chart That Matters” Stock Market (and Sentiment Results)…”
Then God said, “Let there be light,” and there was light. And God saw that the light was good. Then he separated the light from the darkness. God called the light “day” and the darkness “night.” And evening passed and morning came, marking the first day.
With rates steadying and turning, we believe a new day has begun… Continue reading ““Let There Be Light” Stock Market (and Sentiment Results)…”
I know in NYC (Wall Street) the last few weeks feels like the end of the world, but the picture above tells a different story… Continue reading “End of the World? Stock Market (and Sentiment Results)…”
I wouldn’t make that bet. Despite 10 year yields breaking above the dreaded 4.50% level, history shows – at least 11x since 1960 that many of the “breakouts” in yields wind up actually being “fake outs” in yields. Don’t buy the hype… Continue reading ““Is it really different this time?” Stock Market (and Sentiment Results)…”
Okay, okay I know I’m going to get some pushback for choosing Christina Aguilera’s hit song for the article of the week, but hear me out… Continue reading ““What a Girl Wants” Stock Market (and Sentiment Results)…”
Yesterday the inflation numbers came out. The good news is it did not change expectations for a pause in Fed hikes next week. November expectations – while recently as high as ~50% – are now showing a more moderate 36% probability: Continue reading ““Inflate it Away” Stock Market (and Sentiment Results)…”
