Sometimes the market just wants to go up, seasonally it is that time. On the technicals, the market is rebounding from an oversold condition where it declined 8% from a recent high and now is down 5%
Read BlogIran is obviously the mastermind and financier behind this. Iran exports about 2 million barrels of oil per day, while total global oil production is about 94 million barrels.
Read BlogThis is not THE Buying opportunity but a potential trade to year-end. October can be a “tricky” month, but seasonally the market typically has a strong move up in the 4th quarter.
Read BlogAs we discussed last week, we thought the expectations of the market were too dovish and the Fed was going to adjust their expectations through the dot plots, which is each Fed Governors expectations
Read BlogThe expectation is for the Federal Reserve to make no changes but could discuss their potential plans to cut rates in 2024 through their dot plot forecasting of the Federal Reserve Board members
Read BlogThis week the market is vulnerable to some bad news with CPI and a likely UAW labor strike. ORCL and ADBE report earnings this week, both companies have been hyping their exposure to A.I.
Read BlogLast week the market took advantage of the quiet period before Labor Day pushing the markets up, but still down -1.6% in August for the S&P 500. The market was led by technology
Read BlogPowell’s speech from Jackson Hole was almost exactly what we expected, the market may have believed it was hawkish. There is now a 20% chance of an interest rate increase in September
Read BlogOur opinion is to be patient and move money out of defensive holding after the stock market is lower. Short-term bonds are very attractive. We have been looking for a -5% to -10% pullback in August and September.
Read BlogWe think mergers and acquisitions are coming back. Toward the end of many market cycles, that we have experienced, acquisitions heat up. The reason is economic growth slows down...
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