04-APRIL 12-2021

Good morning. The Bureau of Labor Statistics was down early on Friday, as traders looked to see the latest inflation numbers.  With a consumer price index level up 1.0 percent month over month, or twice what was expected, inflation numbers are certainly looking up. Over time, high inflation makes it difficult for companies to provide […]

04-APRIL 05-2021

Good morning. Investing occurs on two levels.  The first level includes the fundamentals, like how much a company is earning, how it expects to grow, and so on.  The second level?  It’s about what the market thinks about the stock, and if the market is right or wrong. Some of the biggest profits can be […]

03-MARCH 29-2021

Good morning. The stock market volatility in recent weeks has left the stock market still near all-time highs.  But with some large daily swings, and with tech stocks down much more on average, the sentiment is still somewhat bearish. Overall, that points to a slowing of the longer-term market rally, not the end of it.  […]

03-MARCH 22-2021

Good morning. The third Friday of the month for every quarter of the year sparks an event known as quadruple witching, or quad witching.  That’s when markets settle for stock index futures, stock index options, regular stock options, and single stock futures.  The combination of so many derivatives expiring can sometimes lead to some large […]

03-MARCH 15-2021

Good morning. We’re now at the one-year anniversary of the start of pandemic-driven shutdowns that still reverberate today.  A year later, there’s some aspect of the pandemic we’re all tired of.  For many, however, it could have been worse.  For some, they’re better off.  According to the latest Fed data, household net worth hit a […]

03-MARCH 08-2021

Good morning. The bank stocks have been one of the top-performing sectors lately, holding up even as tech stocks have been beaten down.  But at the end of the month, that could all change.  That’s because of a rule called the supplementary leverage ratio, or SLR.  It allowed banks to use Treasuries as assets during […]

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 six months, it’s clear that stocks have been in a strong uptrend.  Since nothing ever moves in a straight line, we’re still nowhere near a potential downtrend. Remember, market corrections […]