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…
Market Update (SPX, SPY)
An interesting thing happened on the path to a Bubblicious bull market. Some people we read were saying that the equity markets were in a bubble. Others argued it was…
Don’t Fall Asleep
The equity markets have been chopping higher in an environment where nobody cares about bad or bearish news. We think this is making people complacent and we see everywhere on…
Equity Market Update
We have been a bit conflicted lately as we think many investors have been as well in the past few months. The accepted market view is that the trade dust-up…
Equity Market Update
The equity markets are frustrating both the bulls and the bears. Just when the bulls think a tradable rally is underway, the price of the major equity averages rollover. As…
You Bought the Dip… Now What?
Last Friday, Mike suggested that aggressive investors might want to buy the dip after a big beatdown that took place across the equity complex. The US and Chinese governments were…