Archives by Month:

Archives by Year:

Hallelujah! The Goldman Sachs Regency At The White House Is Finally Over

Hallelujah! The Goldman Sachs Regency At The White House Is Finally Over

The financial commentariat and the robo-machines are all in a tizzy because Gary Cohn up and quit. But we say good riddance: The man gave Trump bad advice on nearly every single issue—trade, taxes, fiscal policy, and the Fed. We didn’t make any bones about that viewpoint during our appearance on Fox Business this AM. […]
Trump To Sign Tariffs Proclamation Tomorrow, No Carve-Outs

Trump To Sign Tariffs Proclamation Tomorrow, No Carve-Outs

It’s on like donkey kong. After a day of uncertainty, The Wall Street Journal confirms that President Trump is expected to sign a new proclamation Thursday afternoon (at 330ET) outlining his plan to impose new tariffs on steel and aluminum, according to a White House official familiar with the planning. Critically, the US equity market […]
E
                                                
                        Markets React On White House News

E Markets React On White House News

VIX made a 79.6% retracement of its rally from its Master Cycle low.The next rally may take out  Cycle Top resistance at 20.99, giving the VIX a probable buy signal.The Cycles Model now indicates that the rally may continue for up to two more weeks.    The NYSE Hi-Lo Index closed just beneath its mid-Cycle […]
Gold – The Next Big Surprise

Gold – The Next Big Surprise

It’s been a while since I have written about precious metals. To some extent, this has been on purpose. I am a long-term fan of our little yellow friend, but there are definitely periods when I am more bullish than others. Over the past half year, my enthusiasm for precious metals has been tempered by […]
FAANG Stocks Back Above 50-DMAs

FAANG Stocks Back Above 50-DMAs

Using our Trend Analyzer tool, we built a custom portfolio of the five FAANG stocks in order to easily track their price trends. As shown in the snapshot of our custom FAANG portfolio below, gains over the last week have pushed all of the FAANG names back above their 50-day moving averages (the black vertical “N” line in […]
Sector Watch: Where Your Focus Should Be

Sector Watch: Where Your Focus Should Be

Stock Market is on shaky ground here. Direction is Uncertain.  So let’s take a deeper look at the sectors themselves. Which ones are most favorable and the ones that are not.  Right here are my top three sectors:  Technology Consumer Cyclical Financials Here are the three bottom sectors: Energy Staples Health Care I normally would […]
An Improving 6.7% Yield

An Improving 6.7% Yield

Chief Income Strategist Marc Lichtenfeld and Senior Managing Editor Rachel Gearhart are braving the snow in New York City today to promote Marc’s new book, You Don’t Have to Drive an Uber in Retirement. They got a super-early start (3:20 a.m. to be exact – yikes). Their first media engagement was at Fox Business. And weather permitting, they’ll […]
(Trade) War And Peace

(Trade) War And Peace

Ok, let’s just step back for a second and take stock of everything that’s happened in the past 72 hours. Gary Cohn resigned in disgust over Trump’s decision to start a trade war; That same decision prompted Europe to threaten retaliatory measures on bourbon, peanut butter, cranberries and orange juice; Trump got sued by a porn star; A former […]
Maybe The Market Could Use A Little More Time To Consolidate?

Maybe The Market Could Use A Little More Time To Consolidate?

We are now about six weeks into this medium-term downtrend which is about when you have to start looking for a signal that a new uptrend is starting. But after such a strong run from August to January, maybe the market could use a little more time to consolidate? The weekly Stochastic is in a […]
Costco Shares Jump On Revenue Beat

Costco Shares Jump On Revenue Beat

CNBC’s Courtney Reagan reports on Costco’s quarterly earnings.