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A fatal bout of runaway instability becomes inevitable when "extraordinary emergency measures" become permanently essential to keep the bubbles from popping. A funny thing happens as policies...
Nasdaq 100 futures are currently approximately 3% below their all-time highs, while the S&P 500 is down by less than 2% from its highs. However, fear has been driving stock markets for over a...
2024 was an incredible year for exchange-traded funds (ETFs) as an investment vehicle, with investors funneling a record-breaking $1.1 trillion in new assets into these funds. With new ETFs launching...
This week: technical check, sentiment snippets, flows, cycles and stats, equal vs cap weighted risk and return, Canada vs USA, global revenues, earnings share. Learnings and conclusions from this...
Q4 earnings season officially kicked off this week with 21 S&P 500 companies (mostly financials) reporting earnings. 14 companies beat estimates, 6 missed, and 1 tied. The average “surprise...
“So near and yet so far.” So says Nick-Nack to Francisco Scaramanga, – [“The Man with the Golden Gun”, Eon/UA, ’74]. So quintessentially perfect, too, does it describe Gold’s rally this past week...
Friday’s price action seemed suspicious at best and full casino mode, especially during an options expiration that appeared intent on wiping out as many 6,000 puts and calls as possible. It was a...
Friday was a bit of a mixed bag. It was good to see the S&P 500 breakout, but it also coincided with a Russell 2000 (IWM) that closed on a 'black' candlestick at downward channel resistance. In...
Outsized returns, record highs on nearly a weekly cadence, and low volatility were three major themes of price action in 2024. The S&P 500 posted a total of 57 record highs, marking the...
In last week’s discussion with Thoughtful Money, I noted that we are becoming more “tactically bearish” as we progress into 2025. While we have remained primarily bullish in equity positioning over...
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