So we’ve got Russia-Ukraine throwing global markets into chaos, and we have Fed rate hikes like a month away. With these things in mind, read this week’s Market Primer below: SPY Any kind of dip in 2021 was met with aggressive buying where we wouldn’t see a retest of the lows, much less any kind […]
Back in the 90s tech bubble, there was a fund that could do no wrong. It was called Janus. It had a stellar track record, tons of inflows, and they were picking the hottest stocks in the market. (Can you guess how this ends?) At the top, Janus had $318 billion in assets. Then it […]
SPY This is a “hot garbage” kind of market! Any inflationary signs are met with selling in equities as capital managers attempt to get in front of the Fed. We’ve also got the most telegraphed conflict in the history of Western Civilization kicking off in Ukraine. And tech earnings keep bleeding out any risk appetite […]
November was the “shot heard ‘round the world” for tech growth stocks. When Jerome Powell came out and “revealed” that inflation wasn’t transitory, any stock with a high P/E was taken to the woodshed. Looking at January options expiration, it would’ve appeared that the growth trade was completely over and you should’ve just moved on… […]
Happy Valentine’s Day from the PVA team! I’ve got a brand new Market Primer for you. Plus, I’ve added a brand new index at the end that I’ll start watching and analyzing each week. So before you go out to any fancy Valentine’s Day dinners… Read today’s market primer below: SPY I hate to admit […]
So Facebook reported earnings last week… (Yes, I know they changed their name to Meta. But to me, Facebook will be Facebook. Nobody calls GOOGL “Alphabet.”) And boy, it was a stinker. They missed on earnings, and they lost daily active users (DAU) for the first time in company history… And that sent the stock […]
Hi there! Steve Place here with your Market Primer for the first full week of February. Check it out: When you’re done watching, use this link to watch a special training on our market roadmap. Below is the written version of today’s Market Primer: SPY Last week, I sent out a video explaining how […]
So after my Market Primer video went live on Monday, I got a lot of questions from my readers along the lines of: “Ok, Steve. Now that the market’s bounced… when can we short it?” Well, I’m looking for 3 things before I start shorting this market… And I’ll cover each one in detail in […]
