Fear and Loathing on Wall Street

It is a well established maxim that The Market “loathes” uncertainty. And, we have an unusual degree of uncertainty right now, and it is leading to a higher than normal degree of FEAR. In the latest Market Update Video, I review the big items that are driving “Fear and Loathing” and I give the latest…

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Rebound or Wreckage?

The S&P 500, and the overall market is at a key decision point. We should know a major direction within a few days. Check out my latest analysis in this week’s video. In my Live Trading Room, we caught a really nice short on SPY and are still in it. To see the trade setup…

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Waiting for the Next Shoe to Drop

What will it be? Unexpected turn-over in the West Wing? A surprise trade or foreign policy announcement? Hard to tell what the next big, market moving announcement will be, what the next “shoe to drop” is. It probably won’t be an announcement from the Fed. Expectations are for Jerome Powell to be a “steady hand”…

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Goldilocks and the Three Bulls

What children’s story or nursery rhyme are we in here? The latest employment report was called “Goldilocks” because it wasn’t too hot or too cold and that is a “Bullish” condition. Wasn’t the Goldilocks story about Bears? And speaking of nursery rhyme’s, is the cow jumping over the moon? Is the dish running off with…

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Stay Cool and Trade on

The financial planning geniuses continue to offer comfort to their clients by telling them to stay calm and to stay in their long positions and weather volatility and that “everything will be OK.” They are partly correct, everything will be OK. But that doesn’t mean the markets will keep going up from here. They are…

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