In this case the term refers to my health. My condition was a little more serious than the doctors originally thought. I have had successful triple bypass surgery and am out of ICU and on the road to recovery. It will be a week or two till I get up to speed. I will adjust…
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I wrote the last two Pro Trader Market Update reports while sitting in a hospital bed this weekend after having had a small heart attack on Friday. On Monday I’ll have a procedure to correct the problem, and should be as good as “slightly used-reconditioned” in a few days. When I started having severe chest pain after…
Despite heroic profits reported by two of the FANGs – Facebook, Inc. (Nasdaq: FB) and Amazon.com, Inc. (Nasdaq: AMZN) – stocks had a very rough week.
To no one’s surprise, President Obama lobs periodic attacks on Bernie Sanders’ plans to restore the rule of law to Wall Street elites. Obama launched his latest attack, fittingly, through Wall Street’s sycophant-in-chief, Andrew Ross Sorkin.
Cycle screening data plunged sharply on Friday. All 9 measures weakened. The aggregate measure fell sharply, ending in the sub -1000 zone, near the January low.
The Fed has been sitting on the funds rate like some monetary mother hen since December 2008. Once it punts again at the June meeting owing to Brexit worries it will have effectively pegged money market rates at the zero bound for 90 straight months. There has never been a time in financial history when anything close to this happened, including…
Seemingly the entire world has operated under the assumption that Chinese officials (and global policymakers in general) have zero tolerance for crisis – let alone a collapse.
Down phases on cycles up to 13 weeks grew weaker, but a test of support and cycle projections around 2050 held. Here are the benchmarks to watch for the keys to whether the bears again take control of the market’s direction.
The extra slam that Apple stock got from Carl Icahn’s surprise announcement that he had dumped all of his AAPL shares proves again why activist investors can be dangerous.