Market Notes: The Suez Canal (in Egypt) is blocked for the first time in its 150+ year history. One of the world’s largest container ships managed to wedge sideways blocking access from both sides. Recovery efforts are underway but there is no timeli...
Market Notes: NFT plays are still the hottest stocks in the market. I haven’t gotten the right setup so I’m on the sidelines for now. I’ll be watching again for the right risk/reward and pattern. Market’s are bouncing after an across the board ~1% se...
Market Notes: Twitter CEO Jack Dorsey has sold his first Tweet as an NFT for $2.9 million. This is the hot sector as far as I’m concerned, TKAT is leading the way, YVR is on my watchlist. The VIX reached a 52-week low as markets gained yesterday. Con...
Market Notes: The end of March is typically weaker than the beginning. I’ve had trouble gaining much traction at all in March so I’m shifting to a complete risk-off approach. Markets are showing signs of weakness. Concerns over rising virus numbers a...
Market Notes: Good morning it is the first triple witching Friday of the year, and markets are dicey. Everyone is bullish, the Fed is Dovish and yet the markets are unable to hold their gains. Yesterday we saw heavy selling near the end of the day. T...
Market Notes: The market received the FOMC projection and Powell’s press conference well. The DOW and SPY closed at all-time highs and while the Nasdaq is picking up some steam. If you paid attention to the small caps you saw NFT related plays explod...
Market Notes: Happy St Patty’s Day! Markets are choppy and flat ahead of Fed Chair Jay Powell’s 2 PM announcement. We expect to hear about inflation, the fed’s economic outlook, and unchanged interest rates. I’m risk-off today despite turning a green...
Market Notes: New records for the S&P 500 and Dow Jones yesterday. The Nasdaq is rallying back to life slowly. And Bitcoin is taking a breather, maybe another bear market coming… 2 this year already… With all the “stimmy” money hitting bank accou...
Market Notes: Last week the Nasdaq snapped a three-week losing streak. And the Dow soared to new record highs. Speculation in the low-priced stocks has been fading as tech looks to recover. We have a busy week ahead: the Fed meeting on Wednesday and...
Market Notes: That pesky Nasdaq doesn’t want to hold its gains… The Dow and SPY closed at record high levels after the stimulus bill was signed into law. The market had no reaction to President’s speech… Then futures all slip this morning. The Nasdaq...
