Goldman’s Amazon Move Adds Conviction to My Trade
Amazon is developing the way I hoped it would. Here’s my strategy as we begin the fourth quarter.
Despite Warnings, Tomorrow Won’t Bring the Market Bottom
An updated look at S&P 500 support levels as we stick to the sidelines.
Rates and Breadth Are a Problem, but a Fourth-Quarter Turn Is Setting Up
Much of the market is already oversold, and the election may trigger a turning point.
Nobody Wants to Be Short an Iran Deal. That Doesn’t Mean They Believe It.
Bounce action Friday was due to positioning in case of positive Iran developments.
When Will the Key Stocks Start Caring About Bonds?
New lows topped 900 Thursday. That’s a lot. Plus, if my mother calls about interest rates, we’ll have a trifecta.
The Nasdaq Is Bullish. The Market? Not So Much.
The action under the surface is historically poor while the Nasdaq hits a high.
Mag 7 Action Improves, But Biotech Keeps Delivering the Real Wins
While reverse rotation drives Nasdaq bounce, poor breadth suggests it can’t be trusted.
The Rotation Out of AI Plays Out
The setup I have been describing for two weeks is now playing out. Here’s my best advice.
A Feast or Famine Market, Bordering on Gluttony
Pockets of frothy action, covering up broad weakness, leave investors in a ‘tricky spot.’
Doug Kass: It Is Not Different Time
By my calculus, there is three times or more downside potential than upside presently.