Weekly Sentiment Survey: Bearish Bias in the First Part of June
In week three, our team sees reasons to be nervous about the market.
On Monday, Sellers Stayed Home, but So Did Buyers as Wall Street Turns Cautious
Was there a turn in sentiment? A small one, but will it translate into something bigger?
Think Friday Was Bad? Get Used to It
Let’s unpack what happened and why I expect more such days over the coming months.
A Lot More Than Rates Shook the Market
Three stories played a much bigger role in the weakness than either Iran or rates.
Peace Eludes, Rate-Cut Shot Fades, Semiconductors Slide, But Jobs Shine
Let’s check the ceasefire talks as fighting breaks out, the semis under pressure, jobs data … and see what’s ahead this week.
The 2000 Comparison Is Tempting, but Imperfect
The SpaceX IPO on Friday will be a catalyst for a major market shakeup.
Rally Over or More Upside? Monday Will Be the Tell.
Does the selling keep going, or is this more like that early October whack?
You’ve Probably Got Price Targets All Wrong. Here’s How to Use Them
Price targets are never accurate and often over-hyped, but there are ways to use them to your advantage.
Surprising Job Report Eliminates Chance of Interest Rate Cut
This is a much stronger labor market than those who vote on policy at the Fed’s FOMC thought they were going to be dealing with.
Private Credit Contagion Will Spread as Market Ventures into Uncharted Territory
When else in history have equities traded at record highs while consumer sentiment readings were at record lows?