Market Notes: Fed Chairman Powell said the economy is looking strong but warned that we could open too fast in a 60 Minutes interview. Markets are still strong. Friday we saw new record highs, the Russell 2000 is still lagging behind. Earning season...
Market notes: Looking back, the first quarter of the year was insane. The GME saga played out, NFTs were a hot sector for a couple of days, the Nasdaq went into correction, and volume spiked to astronomical levels. Comparatively, Quarter 2 is still b...
Market Notes: The markets are at all time highs, but the volume is light, and day trading opportunities are few and far between. As much as I want to be risk on and trading there’s almost nothing to trade. So I’m going to stay patient and wait for th...
Market Notes: The markets took a small breathe yesterday after outsized returns the day before. All this exactly in line with historical norms. April is typically the most bullish month of the year I expect the dip to be bought today. And futures are...
Market Notes: Retail trading has plummets according to the Wall Street Journal’s reporting. Robinhood logins are down 35% in the past two months. And most have traders have accepted the stocks they are bag holding and will go down with the ship. Or b...
Market Notes: April begins the last of the best six months and is also historically the best month of the year. I’ve noticed my scans have been improving and the VIX is at its lowest point in over a year as the SPY is sitting at all time highs. The f...
Market Notes: The first quarter of 2021 will end today. The overall trend appears positive, but it’s been a wild ride… The Dow is near all-time highs, the Nasdaq went into correction. Bitcoin posted several new all-time highs and went into bear marke...
Market Notes: One of the largest margin calls ever, happened last week, a hedge fund appears to have blown up in spectacular fashion. Banks liquidated huge blocks of VIAC and other stocks when Archegos Capital failed to produce enough cash… Markets s...
Market Notes: The Suez Canal is partially unblocked this morning, Egyptian Authorities expect to have it the rest of the way open within a day or so. Amazing what can happen when we build outside of contingency plans… Oil prices remain steady. Visa a...
Market Notes: Yesterday’s trend took a while to become established as the range extended four times before a strong bull rally into the close. Meme stocks and bitcoin appear to be bouncing. Will the bounce be a dead cat? Time will tell… I remain bull...
