Well it’s been a dizzying few weeks in the markets, with a lot of strong moves both in the indices and some key names… … but at this point, we’re coming into some steep shelves that could lead to a little rollover in the markets. Just in case you missed it, we covered a lot […]
Well, it finally happened… the Biden Admin got something passed and it’s a real DOOZY! By now, you might have heard how it massively expands the Inquisitors (ahem, I mean IRS)… And how it earmarks slabs of ooey, gooey pork fat for “Green Energy”… But there’s one little corner of the 700+ page bill that’s […]
It’s shaping up to be a dismal cap to the year in Western Europe. Skyrocketing power costs are crippling their citizens… … and getting worse by the day: Another day, another record high: 🇫🇷⚡️French 1-year forward baseload power hits €543 per MWh🇩🇪⚡️German 1-year forward baseload power hits €414 per MWh (For context, the 2010-2020 average […]
After the HKD debacle I think we broke some liquidity structures in speculative stocks. It looks like there’s not enough “milkshake” for everyone to drink so it’s turned into a giant fight over the straw. It’s led to some strong runs…and it’s bleeding over into Meme Stocks once again. But I for one am not […]
We had a really nice run last week… The markets are shrugging off the bad economic news which is the result of funds being lopsided in their positioning. We’re coming into some HUGE levels right now. A lot of traders came in pretty early to the “short party” and are about to get stopped out… […]
Last month President Biden made a jaunt to Saudi Arabia to “kiss the ring” and try to get the black gold flowing once again. We’ve got midterms coming up and it’s not a good look for gas prices to be north of $4 bucks a gallon… Earlier in the year the Saudi’s didn’t “holla back” […]
Okay, I’m NOT saying we’re in a recession… Sure, technically we are, but we’re definitely not… So, to any of Biden’s economic aides listening in… I totally agree with all of you… the economy is GREAT. (cue nervous laughter). Please don’t send the FBI to raid my house. *Blink twice if you’re in trouble Steve* […]
If you’ve traded for longer than a few weeks, odds are you’ve been “stuck” in a trade. You know the one… you buy the dip, then it dips and dips and dips. All of a sudden, your trade becomes a “long term investment.” Because it’s hard to take a loss, right? And you know what… […]
