Video – Powell reinforces our view
In this short video we discuss Powell’s testimony, the oversold extreme, and the heart of the money availability issue…
Read MoreIn this short video we discuss Powell’s testimony, the oversold extreme, and the heart of the money availability issue…
Read MoreThe broad selling became extreme last week, which sets the stage for an oversold bounce as we wrote in The other side of the whoosh. That condition hasn’t changed:…
Read MoreWe entered the Fed announcement on the back side of a whoosh. Monday’s break to the downside marked the third day in a row where 85% of NYSE volume…
Read MoreThe recent market weakness driven by higher inflation and the resulting spike in interest rates reinforces our view the Fed is in a box.
Read MoreIn this short video, we discuss the drivers of any further near-term upside and the ultimate issues macro issues the market has to overcome…
Read MoreOur core fundamental thesis suggests “the” bottom may yet be elusive:
Read MoreIn this short video we discuss the current tactical and fundamental backdrop following the recent ramp…
Read MoreWe continue to believe the summer rally has further to go as bond yields stabilize after a historically poor performance.
Read MoreThe angst among investors is palpable. In late April we dipped our toe back into the market for a bounce like what took place after the initial Fed induced…
Read MoreContinuing the trend of recent weeks, the ramp off the low late Friday has been reversed in the early going on the back of a poor EPS report from…
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