Category Friday

05-MAY 13-2022

Good morning. Meme stocks are back!  Well, sort of. A spike in companies like AMC Entertainment (AMC) and GameStop (GME) occurred yesterday.  GameStop was even halted multiple times on the way up (but not on the way down).  Oddly, this…

05-MAY 06-2022

Good morning. Wednesday’s market rally proved short-lived.  That’s likely because markets priced in an aggressive Fed move of 0.5-0.75 percent, and came in on the lower end.  However, the Fed has made it clear that they’re working to crush inflation…

04-APRIL 29-2022

Good morning. Technically, it takes two consecutive quarters of negative GDP growth to constitute an official recession.  But yesterday’s -1.4 percent GDP number showed that the economy is in serious trouble.  And that only counts what’s happened in the first…

04-APRIL 22-2022

Good morning. There’s an old market adage, “Sell in May and go away.”  It’s based on the historical returns of the stock market, which tend to be strong at the start of the year, slow down over the summer, and…

04-APRIL 15-2022

Good morning. Elon Musk once tweeted, “The most entertaining outcome is the most likely outcome.”  He’s provided a number of entertaining outcomes, culminating with the offer to take Twitter (TWTR) private yesterday. We certainly seem to live in a world…

04-APRIL 08-2022

Good morning. The two biggest reasons for higher prices right now are high energy prices and the cost of shipping goods and services globally.  What happens when you combine the two?  You get today’s high oil tanker rates. As with…

04-APRIL 01-2022

Good morning. While the stock market is still off its all-time highs, and could be for months, one asset just took a considerable pounding in financial markets – but is now about back to where it started. That asset?  The…