I’m asked every once in a while by some why I “really” decided to no longer offer daily commentary regarding the stock market. When I answer I usually get the follow up of “No, really.” as if I’m trying to obfuscate. Today encapsulates precisely why — in vivid detail. Let me explain using the dialogue…
In my post the other day, I made the observation that the push higher appeared to be far more technical in nature than something calling of a return to “the moon.” When I describe things as such many have have asked me later what do I really mean by that. Well, now that it’s been…
As I sit here in the early hours of Wednesday the “markets” have reacted overnight to the step back from the brink of the all out destruction of Iran’s infrastructure deadline imposed by the President. Across the globe (e.g., Japan +5%, China +3%, Germany +3% and the U.S. closing in on 3%) the rebounds are…
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