Feb 28, 2025
Rich & Matt share thoughts about the late Gene Hackman, followed by market commentary and Bitcoin's behavior: It's NOT a diversifier, but quite speculative. Observations about market performance during the first year of a new presidency. Rich shares his childhood wardrobe prompts (Gene Hackman), and talks PCE preview...
Feb 27, 2025
Earnings season is all but done after last night's Q4 Report from Nvidia, which beat estimates, but did not inspire markets. The next dynamic to affect markets will be the closing of the buy back window ahead of Q2 Earnings reporting season. Investor behavior and market psychology is as bearish as ever. We're now seeing...
Feb 27, 2025
Markets broke the 100-DMA again Wednesday morning, but closed back above it by the end of the day. This illustrates the wisdom of allowing markets to mature before making any knee-jerk response (see today's Daily Market Commentary). We've had a very small correction, and markets are getting over sold, sentiment is...
Feb 26, 2025
It's Nvidia Day today; no matter what happens on Wall Street, tomorrow's activity will hinge on tonight's report. PCE revealed on Friday: This is the one the Fed watches, and it's expected to be weaker. Interestingly, Bonds have outperformed stocks, YTD, so far. Lance discovers RentTheChicken.com; hilarity ensues....
Feb 26, 2025
Markets on Tuesday took out the 100-DMA, and lots of stop-loss levels were triggered. But, the markets actually closed for the day ABOVE the 100-DMA, and the lesson is to allow markets to mature before making moves when stop loss levels are broken. We're still in favor of selling into rallies to reduce portfolio risk....