The Scariest Chart on Wall Street Is Also the Most Dishonest
Wall Street is lying to you to keep you fully invested.
Weekly Roundup: A Good Week to Lose Less as Market Stumbles
During a week of outperformance vs. the S&P, we closed out one holding, locking in substantial gains that rebuilt our cash position.
Complacency Is the Last Thing Standing
As stocks quietly weaken beneath the surface, investors continue to dismiss the damage as routine September seasonality. The problem is that the data keeps getting worse while concern remains scarce.
Oil and Yields Drive Equity Losses for a Fourth Session
Another leg higher in oil, on top of a firm inflation backdrop, lifted Treasury yields to multi-year highs, hardening Fed rate-hike bets into next week’s meeting, and driving a fourth straight day of equity losses.
The Broadening Out Trade Seems to Have Petered Out
With RSP on the decline and new lows spiking, the market isn’t as strong as the S&P 500 would make us think.
Oil and Yields Squeeze Stocks for a Third Straight Day
My even market wrap-up is a summary of everything you should know for successful trading.
Is the ‘House’ on Solid Ground?
I saw a bit of myself in Sec. Scott Bessent’s ‘I am the house’ talk, and I didn’t like it. Let’s look a the yen, trade war with Canada, out of control AI.
Risk of a Market Breakdown Is Building as Oil Pressure Continues
The market has been able to absorb several negatives but the pressure is intensifying.
What If ‘Equal Weight’ Isn’t Equal?
Now I know why the RSP doesn’t look like any breadth indicators I follow.