Good Market, Sweet Setups (Special Offer)

Coal, steel, silver and gold are trading like we are entering a new commodity supercycle.  Could it be? Things pretty much suck globally though. Remember though, that epic secular shifts start at extremes, so maybe this is it. Bottoms are put in with gluts and oversupply and tops are put in when everything is dandy. […]

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Weekly Market Wrap

The past week saw the S&P 500 notch a fresh high for the year before registering its second consecutive weekly gain. The index added 0.5% for the week while the Nasdaq underperformed, shedding 0.7%. We didn’t receive any market-moving data during the past week, which kept the Atlanta Fed’s GDPNow forecast for the first quarter […]

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Some Damage In Aftermarket Trading

Four stocks are getting escorted to the wood chipper in after market trading after they reported earnings. Here’s the current view. GOOGL ( hasn’t been the same since they changed their name to Alphabet if you ask me) MSFT           SBUX VISA As a result, the SPY and QQQ have taken […]

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FREE TRIAL AT THE CLUB

“Fortune favors the brave”—Publius Terence I’ve been blogging I guess for about eight  years now? Friggin’ amazing how time flies.  When I hung up my spikes on Wall Street I decided to start a blog and write about the market. Irreverent mostly, factual to a fault.  It was free, I wanted to bark setups and […]

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Dow and S&P at 2016 Highs as Oil Rallies

Dow Jones +3.6% YTD S&P 500 +2.8% YTD Russell 2000 +0.4% YTD Nasdaq -1.2% YTD The S&P ended its day higher by 0.3% after the index tested, but could not make a sustained move above the 2100 level. Today’s market featured weaker than expected housing data, an uptick in oil, mixed quarterly earnings reports, and, […]

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Goldman & Housing Fail

Likes long walks on the beach and watching revenues decline for the fourth quarter in a row. Goldman screwed the pooch again, but the stock is barley down. $GS may not be shareholder friendly, as their employee compensation stays at about 40% of revenue, but hey, you gotta pay the bankers right? The banks continue […]

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What a Crazy Day

  $30 oil ‘within days’ — what analysts see for the market after Doha talks fail The above snippet of genius was on the cover of MarketWatch at about 5:39 am this morning.  Crude oil managed to close about flat. Maybe the “analysts” will still be right, but in my opinion the oil bears had […]

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