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…
Read MoreJust as bullish sentiment among newsletter writers rose for the second week, so too did individual investor sentiment. The American Association of Individual Investors (AAII) reported bullish sentiment among its…
Read MoreStocks had another big day today after the Fed announced it would inject another $2.3 trillion of aid into the economy.
Read MoreThere is clearly a battle going on between the influence of Monetary (Fed) and Fiscal (Gov’t) stimulus vs. economic outlook. Over the past two weeks the Fed is winning over…
Read MoreThe Fed clearly reacted to some troubling signs in the credit markets, and this action is a big deal because it is protecting against a further credit crisis in just…
Read MoreAs expected, it was another week of bad initial jobless claims data in addition to the prior week’s data being worse than initially reported.
Read MoreGood morning all, I hope everyone has a happy Passover and Easter this year and don’t forget tomorrow is a bank and market holiday. The incredible and historic volatility in…
Read MoreFor the third day, the S&P 500 Index (SPX) gapped higher on the open but this time it managed to hold on to the gains.
Read MoreThe Russell 2000 Index (RTY) has significantly underperformed the other three major indices in 2020, with a year-to-date decline of 29%. So far today, the RTY is significantly outperforming the…
Read MoreInvestors Intelligence reported newsletter writers were a little more bullish in the latest survey.
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