The market buzz can be quite contagious. “Market didn’t collapse on the bank news-must be bullish.””Yellen will save the day buy making sure depositors are safe.”Yellen herself: “We have an…
The end is at hand. Bears, just surrender now. Since the mid-June low (where I called the S&P 500 bottom), we’ve seen the fed funds rate jump from 1.00% to…
SPX Monitoring Purposes: Long SPX on 2/6/23 at 4110.98. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral. The market is a little messy,…
All trades, no matter how well thought out, have the potential to end in a loss. Therefore, we must manage our expectations and be willing to accept risk and fear…
The Fed raised rates by 25 bps. The decision was unanimous. The terminal rate projection is unchanged at 5.1%. The FOMC statement modifies guidance: “The committee anticipates that some additional policy…
The parent of Silicon Valley Bank, seized last week by the U.S., is filing for Chapter 11 bankruptcy protection. SVB Financial Group, along with its CEO and its chief financial…
Home sales spike 14.5% in February as the median price drops for the first time in over a decade
Sales of previously owned homes rose 14.5% in February compared with January, according to a seasonally adjusted count by the National Association of Realtors. That put sales at an annualized rate…
A divided Oklahoma Supreme Court on Tuesday overturned a portion of the state’s near total ban on abortion, ruling women have a right to abortion when pregnancy risks their health,…
Just six months after passing what was billed as the largest tax cut in Missouri history, the Republican-led state House voted Tuesday for an even bigger income tax cut that…
Debate that began Tuesday on a Nebraska bill to ban gender-affirming care for minors, which led one lawmaker to stage an epic weekslong filibuster, quickly grew contentious, with supporters and…