Episodes
Stock Higher, Market Comment: Where‘s Evergrande Been?
Oct. 7, 2021
Stocks roared out of the starting gate this morning. As it was confirmed by Majority Leader Chuck Schummer that the Senate had indeed reached a debt ceiling agreement. Add another $480 billion dollars to our debt, until we c…
What Happened To Evergrande?
Oct. 7, 2021
If you thought that it was suspiciously quiet on the Evergrande front this week, you were right. Chinese Financial markets were closed for a holiday. But tonight, about the time we're settling in with that night-cap, Chinese…
How Are Interest Rates Set?
Oct. 7, 2021
Ask just about anyone on Wall Street how interest rates are set, and they'll tell you it's the Federal Reserve that sets interest rates. And indeed one of the Fed's Principal committees is the Open Market committee, who's pr…
Stocks Rebound, As GOP Offers Debt Ceiling Compromise.
Oct. 6, 2021
It felt more like a grumpy Monday than a Wednesday. As stocks stumbled through the morning. But by noon, equities began to get their balance, and soon headed higher.
Market Midday: Stocks And Precious Metals Down, Crypto‘s Up Big.
Oct. 6, 2021
Markets started out on the downside this morning. Hitting today's lows about a half hour after opening. Driven by inflation concerns, and looking in the big jump in natural gas prices in Europe, at one point up over 50% in a…
How Interest Rates Are Set.
Oct. 6, 2021
Ask just about anyone on Wall Street how interest rates are set, and they'll tell you it's the Federal Reserve that sets interest rates. And indeed one of the Fed's Principal committees is the Open Market committee, who's pr…
How Using Average Prices Cuts Through Market Chatter.
Oct. 6, 2021
This was just the sort of day, which would whip saw clients. I'd often get them calling me and saying I just don't understand this market. One day it's down, the next day its up...it just doesn't make any sense.
How Using Average Prices Cuts Through Market Chatter.
Oct. 6, 2021
This was just the sort of day, which would whip saw clients. I'd often get them calling me and saying I just don't understand this market. One day it's down, the next day its up...it just doesn't make any sense.
Avoid Getting Whipsawed, Use Market Averages.
Oct. 5, 2021
This was just the sort of day, which would whip saw clients. I'd often get them calling me and saying I just don't understand this market. One day it's down, the next day its up...it just doesn't make any sense.
Facebook‘s Crash: Questions Remain.
Oct. 5, 2021
While much of Facebook's audience is focused on France Haugen's testimony before Congress. The tech world continues to look into yesterday's crash of Facebook's website. A crash that lasted for 6 hours, and is estimated to h…
It‘s More Than Facebook That‘s In Trouble.
Oct. 5, 2021
Yesterday, the social media platform, Facebook, went down. Nothing too surprising here, that's happened before. But what was different this time is that Facebook stayed down. During that time the Casandra's immediately bega…
Facebook‘s Day: Whistle Blowers and Outages.
Oct. 5, 2021
Well, you've non doubt heard, a Whistle blower is set to testify before congress tomorrow, after appearing on the CBS Show 60 minutes last night. And whether it was that, or the disclosure that much of Facebook's network wen…
Whistle Blowers and Outages, Not good news for Facebook.
Oct. 4, 2021
Well, you've non doubt heard, a Whistle blower is set to testify before congress tomorrow, after appearing on the CBS Show 60 minutes last night. And whether it was that, or the disclosure that much of Facebook's network wen…
New Factory Orders Up Big.
Oct. 4, 2021
You may recall that earlier this morning, we spoke about the incredible Purchasing Managers Index, that the US achieved in the past quarter. At an Index value of over 60 the US had the highest level in the world.
A New Chapter For The Economy.
Oct. 4, 2021
Today we turn a new page in the financial markets. This will be the first full week of a new quarter. A quarter that promises to be I think exciting, and yet full of surprises.
Great Week For The Producers.
Oct. 3, 2021
Outstanding data coming from the Producer's side of the economy.
Hat Tip To The Producers.
Oct. 2, 2021
This week the American Producers Shone. Putting in a series of performances which when you add them together, paint an incredible picture of a group of people who are ready and willing to set this nation on the right track e…
American Producers Shine.
Oct. 2, 2021
This week the American Producers Shone. Putting in a series of performances which when you add them together, paint an incredible picture of a group of people who are ready and willing to set this nation on the right track e…
What Quarter End Means To Funds.
Oct. 2, 2021
The Stock Market staged a broad based rally today, carrying all groups higher. The leader again today, as it has been for a while now were the energy stocks. Gaining over 2% today, and over 4% for the week. I'll bet there we…
What Quarter End Means To Funds.
Oct. 1, 2021
The Stock Market staged a broad based rally today, carrying all groups higher. The leader again today, as it has been for a while now were the energy stocks. Gaining over 2% today, and over 4% for the week. I'll bet there we…
Midday Report: Explosive Rumor Out Of Australia.
Oct. 1, 2021
This morning Glayds Berejiklian resigned as Prime Minister of New South Whales, one of the Australian territories. In watching Ms. Berejiklian she made it very clear that she did not want to resign. Apparently a political co…
It Started Yesterday At 3:30 pm.
Oct. 1, 2021
There's an old Wall Street expression for what happened yesterday afternoon, they call it Window Dressing. And it hearkens back to the day's when Department Stores would have big display windows at the front of their stores.…
Stagflation Rears Its Head.
Oct. 1, 2021
Increasingly Wall Street is concerned about higher inflation and lower growth. A situation last seen in the 1970's when it gained the moniker Stagflation. The latest to join in this Chorus of Casandra's is non other than Ste…
Stocks Close Down, Averages Below Their 100 DMA.
Sept. 30, 2021
As markets are closing here, it looks like were headed for the worst quarter performance by stocks since that first quarter of the Pandemic, back in early 2020. Increasingly Wall Street is concerned about higher inflation an…