NewCover with LOGO

04-APRIL 28-2023

Good morning.
Safety June 23While earnings season can lead to big moves in individual stocks, some stocks see a big gain and others see a big drop.  That tends to keep the overall market from moving too far in either direction.
Other data points suggest we may continue to trade sideway for a few more weeks, if not a month or more.  First, U.S. tax receipts jumped higher, which pushes out the debt ceiling deadline by about a month.  Second, the latest GDP data shows that while the economy is slowing, it’s not near a recession yet.  That’s likely to keep interest rates moving slightly higher, and hopefully will help push inflation down.
Traders can play a sideways market with trades both up and down on specific stocks.  And investors focused on the long term can still buy many great names well under their 52-week highs right now.

Now here’s the rest of the news:

 

April 28, 2022

Good morning.
30 secondsEven with yesterday’s rally, the Nasdaq is now down over 20 percent since the start of the year.  That means we’ve gone from a run-of-the-mill correction into a full-blown bear market.  Those are much more unusual.  And for it to happen so soon into the Federal Reserve hiking interest rates suggests that there may be more downside pain ahead.
The past few months have seen the markets try to move higher, only to be hit with negative news regarding higher interest rates, higher inflation rates, or geopolitical events.  The good news is that all of those will resolve themselves in time.  For traders, it would be prudent to watch for those developments.
Until then, taking on a more bearish attitude may pay off better.  On the buy side, focus on higher-quality companies.  And don’t be afraid to do things like sell covered calls against stock you own for the long haul here.

Now here’s the rest of the news:

The Dystopian End Of The Global Oil Market
The world’s energy market is now splitting in two with severe consequences.  One a U.S. aligned market and one more open to Russia.  And more experts are anticipating this will create something much of the world cannot bear… [Read Here]

Treasury Yields Collapse As The Economy Grinds To A Halt
U.S. Treasury yields retreated Tuesday morning, with investor focus remaining on the Covid-19 outbreak in China and concerns over a global economic slowdown. he yield on the benchmark 10-year Treasury note fell by… [Read Here]

April 28, 2021

Last Year, today!

Americans Overpay for Biden’s ‘Buy America’ Plan –Eric Boehm, Reason
These rules drive up costs and warp markets – while letting politicians claim credit for “defending” domestic industries from foreign competition… [Read Here]

Gold currently at $1,778.84, silver at $26.37

April 28, 2020

Anxiety is my Alarm Clock_2Good morning.
Last Friday was an interesting day as the market rallied into the close led by names that are slated to announce earnings this week.  Namely, AAPL, MSFT, FB, GOOG and AMZN.
On Monday, the dynamic shifted, not for the market, which performed well, but for the companies announcing earnings this week.  It was Financials that led the way.
These big names that make up 20% of the market cap of the S&P 500 could have an outsized impact if the herd starts to turn bearish on these stocks over earnings.

“You can play with your phone or change the world. You don’t get to do both.” —Robin Sharma

April 28, 2019

(nil)

IMG_0712
Come From Aways, Do You?

More Posts

04-APRIL 16-2024

If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under

04-APRIL 15-2024

You see things; and you say, “Why?” But I dream things that never were; and I say, “Why not?” Now here’s the rest of the

04-APRIL 14-2024

Commitment leads to action and action brings your dream closer.         April 14, 2023 Good morning. As investors, the market’s trend is

04-APRIL 13-2024

When you identify your fears and learn to use them positively, you can develop ways to deal with them that will catapult your dream into

04-APRIL 12-2024

Simply changing your belief can shift your internal conversation from thinking of  your dream as impossible to seeing its possibilities. Now here’s the rest of

04-APRIL 11-2024

Keep speaking your dream. Keep speaking the possibility. Now here’s the rest of the news: Behind The “Good Jobs Report” Lies This Fine Print First

04-APRIL 10-2024

This space is available for your dreams. Now here’s the rest of the news: Discount Retailers Wiped Out By Inflation Another budget retailer filed for

Like this article?

Share on Facebook
Share on Twitter
Share on Linkdin
Share on Pinterest

Leave a comment

Send Us A Message