Is the Froth in our Coffee Cup a Bit too Happy?
The price of equity rises and falls with social mood. When people are happy and confident about the future, they tend to start businesses, invest in risky endeavors like stocks,…
The Week Ahead | 12/21/2020
The Federal Open Market Committee (FOMC) had their final meeting and decisions of this year. The federal funds rate was kept in the range of 0.00% and 0.25%. There was…
The Week Ahead | 12/14/2020
Over the past week the Covid 19 Vaccine seems to be coming to the market so to speak. This news ha led to a rotation in the markets. The Mega…
The Week Ahead | 11/23/2020
As we start the 2020 version of Thanksgiving Week Ahead. I want to consider what I am thankful for. As always, I am thankful for the health and safety of…
The Week Ahead | 11/16/2020
As earning season is winding down, this week we have a normal economic calendar. Housing data and retail sales remain strong while jobless claims and industrial production remain important to…
The Week Ahead | 11/02/2020
Clarity for Investors will soon be here. The economic Calendar this week will focus on BLS data on Fridayy and the ADP private payrolls on Wednesday. ISM manufacturing and ISM…
The Week Ahead | 10/26/2020
Earnings season is well underway. 183 S&P 500 companies will report this week. Only Election and Covid news will reign supreme and will be what most investors will pay attention…
SPY: Close the Long Volatility and Crash Trades & More
The recent selloff/crash/panic, or whatever you want to call it, is something we have been anticipating for some time. But let's be clear, the reason for the selloff was not…
Sit and Wait
After a 550 point (16%) decline in the S&P500, equity prices are bouncing to the upside. Some will argue that the selling is over and in time, new all-time highs…
SPY: Time to Adjust the Volatility & Crash Trades
Well, that did not take long. In our post on 25-February-2020, we noted that an important bullish trend line was decisively broken to the downside. Our initial reaction was that…