Category Saturday

05-MAY 14-2022

Today! May 14, 2021 Good morning. One year ago, oil prices went negative as traders feared that the pandemic would lead to prolonged drops in oil use and got caught in trades they couldn’t get out of.  Today, oil and…

05-MAY 07-2022

Today! May 07, 2021 Good morning. Hedge funds have been selling their tech stocks for 9 of the past 10 sessions, based on brokerage data.  What’s more, these funds have been selling more than they own, essentially going short.  That’s…

04-APRIL 30-2022

Today! April 30, 2021 Good Morning. In 100 days, Biden has proposed $6 Trillion in new spending.  It’s as if he borrowed $180 from every man, woman, and child in America, every day.  Pretty soon you’re talking about real money,…

04-APRIL 23-2022

Today! April 23, 2021 Good morning. As Mike Tyson has stated, “Everybody has a plan until they get punched in the mouth.”  In investing, that usually means that planning for a market correction sounds good. But when stocks are actually…

04-APRIL 16-2022

Today! April 16, 2021 Good morning. Retail sales came in with a blowout number, sending stocks to all-time highs and reversing a pre-market drop.  The reason is thanks to the last round of stimulus payments.  While earlier rounds made their…

04-APRIL 09-2022

Today! April 09, 2021 Good morning. Early studies are showing that the latest round of stimulus money went into spending and bank accounts, rather than into the stock market.  A few are even stating that the era of retail investors…

04-APRIL 02-2022

Today! April 02, 2021 Good morning. Year to date, a number of hedge funds have gotten into trouble.  There’s Melvin Capital, which was overly short shares of GameStop (GME).  The short squeeze only ended when market makers shut off the…