3 Market Insights: Cash App Ads, eBay vs Amex, and ISM Inflation
We had some interesting data points come out this week. ISM Service came out with prices decelerating and economic activity perking up slightly. This...
Start of Stock Market Correction or a Summer Rally?
On June 3rd I recorded a 20-minute video for StockchartsTV.
The thesis is to explore whether we are at the beginning of a market correction or...
Investments For The Coming U.S. Power Grid Expansion
We continue with our discussion of investment ideas that could benefit from upgrading and expanding the power grid to accommodate surging demand from AI...
Swiss Franc: Dreams Really Do Come True
On March 26, 2024, I wrote a Daily called, “Last Night I Had a Crazy Dream-Swiss Franc”
In the blog, I mentioned that,
“I literally woke...
Long Bonds Rally: Should Investors Pay Attention?
After a huge down move that began in December 2021, the long-dated treasury bonds ETF (TLT) has had a few shallow short-covering rallies, but...
Block and Meta Continue to Lead In Payment, App Downloads
The Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures (PCE), came in below or aligned with market expectations. This supports our prediction that...
Is the Materials Sector ETF (XLB) Nearing Breakout?
Materials stocks rallied today, ending the week and month on a positive note.
The rally pushed the Materials Sector ETF (XLB) up +1.2% for the...
Where Is the U.S. Economy Headed Next?
GDP showing a slowdown of the consumer. However, consumer spending, like so many things in the macro right now, is nuanced.
While some stores suffer...
Transportation ETF (IYT) Is Crashing Without Breaking News
Once again, while semiconductors roared to new highs, Transportation as seen through IYT the ETF, sold off.
Retail XRT closed marginally green after better than...
Do Gold and Silver Still Have More Trading Upside?
Precious metals have been very bullish in 2024.
Gold recently recorded new all-time price highs. And silver has made new multi-year highs.
After some backing and...
