Oct 31, 2023
(10/31/23) Halloween Traditions & the FOMC Meeting starts today: It's not likely the Fed will raise rates; what happens when stock prices fall? Expectations are for the Fed to hold firm until Summer, and then will have to cut rates. Markets rallied 1% Monday; will there be follow-through to confirm the movement?...
Oct 31, 2023
(10/31/23) Markets were deeply oversold Monday, and had a very nice rally: Was it a trick or a treat? Markets will need to confirm over the next few days whether or not its rise is for real, and that the recent sell-off is over. The problem is running into resistance at the 200-DMA, at about 4,230, which markets broke...
Oct 30, 2023
(10/30/23) Pre-Halloween & Candy Inflation, Pre-Fed Meeting; SoFi Banjk tightening lending restrictions; forecasts for negative Q4 growth; small businesses now having difficulty getting cash/loans. Markets took out support at 200-DMA; look for a reflexive rally, likely following this week's Fed meeting. Texas' Seasons &...
Oct 30, 2023
10/30/23) Markets took out support at the 200-DMA last week, confirming the initial break. This brings markets back to a cluster of support from May of this year. As of Friday, we'd completed a 10% market correciton we forecast back in the summer. There's nothing really bearish here, just markets gyrating the way...
Oct 27, 2023
(10/27/23) Market Futures & Fed Meeting preview; concensus is no rate hike in November, but possible in December. Dealing w Halloween candy inflation, controlling risk by utilizing bonds; planning to achieve your "hurdle rate." Planning for when you can retire; when do investment dollar reach "critical mass?" How...