NewCover with LOGO

06-JUNE 02-2020

                                                                                 Good morning.
Zoom faceThere are so many reasons to want to throw shade on the rally in the market.  Economic data, a pandemic, riots and looting, companies selling significant shares of their own stock and on down the line.  If you add all of them up, do you come up with $3 trillion.  That’s the amount the Fed’s balance sheet has expanded since last September.

Now here’s the rest of the news:

It’s The End of the World (and Investors Feel Fine)
The news headlines are horrific but investors seem unflappable.  It brings to my mind the title of this classic R.E.M. song: It’s The End Of The World As We Know It (And I Feel Fine).
American cities are ablaze with violent protests, a deadly pandemic bedevils the world and the Presi-dent ot the United States was sequestered yesterday in an underground White House bunker to pro-tect him from rioters.
Wall Street’s response to this dystopian tableau?  A collective shrug.
The three main U.S. stock market indices all closed in the green yesterday, with the Dow Jones Indus-trial Average up by almost 100 points.  As of this writing Tuesday morning, the three indices are poised to open higher.
The disconnect between stocks and political-economic realities is striking.  Let’s look at the latest data for clues.  Perhaps a day of reckoning awaits, or maybe the optimism is justified…

June 02, 2019

Thought I would share my ride across town this morning when I woke to a flat tire on my “Caddy”.

All is well, AMA were called to change the tire on the Caddy… 🙂

IMG_0712
Come From Aways, Do You?

More Posts

03-MARCH 05-2021

Good morning. Last year introduced investors to the concept of a “gamma squeeze.”  Traders buying call options on markets caused market makers to buy stocks

03-MARCH 04-2021

Good morning. One of the most popular sectors of the markets lately has been SPACs.  That’s short for special purpose acquisition companies.  That’s a fancy,

03-MARCH 03-2021

Good morning. Conventional wisdom is to buy the dip in the markets.  Conventional wisdom can sometimes be wrong, but in the case of the stock

03-MARCH 02-2021

Good morning. Technical analysis can often provide investors with a number of potential pivot points in the market. While not accurate 100 percent of the

03-MARCH 01-2021

Good morning. Markets closed one of their toughest weeks in months.  For many traders, the pain is palpable.  But looking at the last month or

02-FEBRUARY 28-2021

“Yesterday’s home runs don’t win today’s games.” –Babe Ruth Here’s to a better YOU … and now … Today’s DarrenDaily Recap Sunday.  A collection of

02-FEBRUARY 27-2021

#1 Cause of “Morning Anxiety” (and how to fix it for good) The number one reason you’re anxious and stressed in the morning … is

Like this article?

Share on facebook
Share on Facebook
Share on twitter
Share on Twitter
Share on linkedin
Share on Linkdin
Share on pinterest
Share on Pinterest

Leave a comment

Send Us A Message