Stocks, Gold – Rebound or Dead Cat Bounce?
None of Friday‘s intraday attempts to recapture 3,850 stuck, and the last hour‘s selling pressure is an ill omen. Especially … Read more
None of Friday‘s intraday attempts to recapture 3,850 stuck, and the last hour‘s selling pressure is an ill omen. Especially … Read more
Right from the open, stocks have been losing altitude yesterday, and value couldn‘t indeed overpower the tech slide. Long-dated Treasuries … Read more
Powell testimony is over, with markets rejoicing the promise of still accomodative Fed. Value keeps surging over growth, and regardless … Read more
The Powell inspired, coinciding (have your pick) S&P 500 stop run is almost history now, with the futures trading over … Read more
Stocks are predictably staging a continued recovery from the mostly sideways correction – a shallow one not strong enough to … Read more
Yesterday‘s bearish price action in stocks was the kind of shallow, largely sideways correction I was looking for. Not too … Read more
The stock bears finally showed they aren‘t an extinct species – merely a seriously endangered one. Yesterday‘s close though gives … Read more
The reflexive rebound slowly but surely lost steam, rolling over into the close. The decline continued in the overnight session … Read more
The downswing potential I warned about yesterday, came. Heavy selling continued as the Fed threw cold water in assessing the … Read more
Yesterday‘s recovery ended on a weak note as stock bulls gave up the opening gap. Disappointing in the very short … Read more
Yesterday, I highlighted the seesaw nature of the S&P 500 grind just in time for the intraday bear raid to … Read more
Rocky, as in Rocky Balboa. Even if knocked down, rising to settle the score. Yeah, the bulls are made of … Read more
The bulls responded with an upswing, which I saw as probable to happen. Is the sharp correction over now? Thus … Read more
Jubilant stock bulls stampede over the Fed’s predictably dovish messaging – not that the central bank had (m)any other real … Read more
The S&P 500 extended gains yesterday, and don’t appear to be topping out today. With new all-time highs being made … Read more