The broader market declined, but the Nasdaq rallied
The majority of stocks pulled back today, but large-cap tech stocks like semiconductors and the NY FANG+ Index saw notable gains.
Read MoreWhy it is called frustration phase?
This is the hardest part of the post-crash environment/bottoming process, which shows why it is called the frustration phase. The panic and relief rally phases of the crash were identified…
Read MoreEpic battle set to begin
There is an epic battle between two extraordinary market forces – monetary policy and economic activity. On one side, we have historic monetary accommodation from the Fed. For years, we…
Read MoreMonday morning musing – Fed likely prevents full test of low despite epic battle
Good morning and I hope everyone had a great weekend. The market looks to open a little weaker despite the agreement between Russia, Saudi Arabia, and the U.S. We continue…
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