4/19/22 Russia Update, Bitcoin Bounce

News: Russia’s war in Ukraine is almost two months old. And Russian forces have been unable to take control of the capital Kyiv. Reports from inside Ukraine suggest that the invading force has turned its attention to the east and is focusing its effo...

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Apr 19, 2022
4/18/22 It’s Earnings Season!

News: Markets failed to make any gains on Thursday ahead of the long weekend. The Nasdaq led the way lower with a decline of 2+%. The Dow gave up the least falling just 0.3%. With Easter behind us, futures are drifting lower but not a significant amo...

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Apr 18, 2022
4/14/22 Earnings Season Begins, Long Weekend Ahead

News: Yesterday markets clawed back most of Tuesday’s losses as earnings season came in with a bang. JPMorgan Chase (JPM), the first big bank to report, closed down 3% on lower profits. But airlines rallied after Delta Air Lines, Inc. (DAL) reported...

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Apr 14, 2022
4/13/22 The Win for Coal, Growth Concerns (are bullish)

News: Yesterday markets gapped up when the CPI inflation reading come in at 8.5% year-over-year. The highest level since 1982, 40 years ago. The Nasdaq was up 2% near the open. But by the end of the day, the major three indexes closed 0.3% in the red...

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Apr 13, 2022
4/12/22 Inflation is High … Signals Are Mixed

News: Markets sold off on Monday ahead of the latest inflation data. CPI is due out at 8:30 this morning. The White House said it expects the number to be “extraordinarily elevated.” March is the first full month of the Russian/Ukraine war. The CPI r...

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Apr 12, 2022
4/11/22 Short Busy Week Ahead … Elon Update

News: Markets closed mixed on Friday with the Dow in the green and most everything else in the red. Risk-on bets aren’t performing well at the moment. Bitcoin, the Nasdaq, and the Russell 2000 have borne the brunt of the recent selling. There is some...

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Apr 11, 2022
4/8/22 Wait for The Close & The Crypto Bull

News: Yesterday markets struggled in the early hours as the Dow Jones sank below the previous day’s low. The Fed’s minutes weighed heavy on the market as the financial media stoked fear. But as I’ve said the whole time it’s all priced in. There was l...

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Apr 08, 2022
4/5/22 The Yield Curve Inversion & Elon Buys Twitter

News: Markets posted a strong green day on Monday. The Nasdaq led the charge to close up 1.9%. The other indexes were green but gained less than 1% each. The stock of the day was Twitter (TWTR^). An SEC filing revealed Elon Musk bought ~9% stake in t...

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Apr 05, 2022