Another Monday, another rally, albeit a small one this time. The inverse correlation between the Nasdaq and Russell 2000 persists, with the latter only rallying hard when it needs to cover for the former and vice versa. […]
Rally Stocks Now and Forever More Honestly, I hate this market, as I am sure plenty of of others do too. It isn’t that I have something against bullish markets, but I do have something against markets that have been completely taken over by a federal government trying to win [...]
We got the ceremonial Monday rally. Now it is just a matter of whether the stock market craps all over itself the rest of the week. I took Silver (SLV) off the watch-list and I'll probably get a bunch of "you're an idiot" emails because some of you out there [...]
Oh what a mess this Federal Reserve has put the stock market in! Oh I know, S&P 500 and the Nasdaq are both positive on the year, and the latter is raging at new all-time highs, day after day practically. But what happens when the Fed balance sheet goes back [...]
We lived a life time in the first half of 2020, what does the second half have in store? I hate to say that there's no way that the second half of this year could be crazier than what we have experienced so far in 2020, but the mere statement [...]
Finally seeing some rational thinking lead to profit taking today. This is the most selling that I've seen in about nine trading sessions when the S&P 500 gave up about 188 points to the downside. So far today, it doesn't look like it will be as bad, and heck, we [...]
Still euphoric, still irrational, but the Robinhood Bros are keeping this market poppin’. I’m a day late on this watch-list, I get it, but hey, things happen at times. Nonetheless, here’s the watch-lists I’ve put together of the stocks to watch both to the long side and short side. As [...]
Watching this market’s wheels come off in the midst of historic euphoria is the craziest thing since 1999. But at least in 1999 we weren’t in the midst of a pandemic, historic GDP contraction and record unemployment numbers. Here we are though, at all-time highs for the Nasdaq and the [...]
Buy Low, Sell High - who even does that. Who even buy's high? No, it is "buy higher" now. Yup, with 96% of S&P 500 stocks trading above their 50-day moving average (seriously, who are the 20 stocks that can't get their act together here?), and the highest reading this [...]
A tiresome, far too predictable, and difficult to trade market Frustrated and annoyed by the stock market? You are not alone. The bears have no back bone, institutions are absent from the rally, and all you have left is a bunch of David Portnoy fan boys (FYI – I do [...]
If you still think this is a free market, I have a bridge to nowhere I'll sell you. Look, whether the market continues to go up or it eventually corrects itself, I'll align myself with its direction accordingly. But in doing so, doesn't mean I agree with what the market [...]
Tech continues to be unstoppable – rising for a sixth straight day. You’d probably expect that there’d be more tech stocks on the list, but I’ve had to take so much of them off the list because they have gone straight parabolic over the past week. Many of which have [...]
