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...
Stock Market Update: Eyes On The Transportation Sector (IYT)
For the sake of redundancy and in case you are living under a rock and just came out to read my Daily, Nvidia (NVDA)...
Is Amazon’s Stock (AMZN) Ready For A Deeper Pullback?
Technology stocks remain market leaders and have willed the market to new highs.
But leadership is overbought. And some tech stock leaders are trading heavy...
Are Semiconductor Stocks Targeting Much Higher Prices?
Technology stocks remain hot as semiconductor stocks like Nvidia (NVDA) continue to lead the way higher.
In that light, we take another look at...