Late day selling…and overdue. Oscillator bright red. Needs to be worked off. PLTR coughs one up but was very extended. Another tariff? Will know a lot more on if we pull back and how we pull back. And again, overdue. Need to wipe some smiles off faces.
SOURCE: https://www.spreaker.com/episode/the-cushy-lair-05-05-2025–65927742
SOURCE: https://www.spreaker.com/episode/another-wild-week-in-review-05-02-2025–65863262
More supposed easing of China tensions…market ramps. Cause and effect. Big tariffs, market down. Get rid of tariffs, market up. The worst areas broke back above the very important 50 day moving average. Needs to stick. Some darn good earnings reactions. Hopefully, they learned a big lesson.
SOURCE: https://www.spreaker.com/episode/the-big-stuff-05-01-2025–65833094
Crappy finish to a strong day. META and MSFT big names a big help but some distribution. META can’t get above the 50 day. Whatever they said helped AI names come out of the doldrums. Some had dropped over 50% peak to trough. Did we say market has gone coast to coast stretched one way…
Listen here: https://www.spreaker.com/episode/good-reaction-to-bad-data-04-30-2025-w-adam-sarhan–65815624
Good day as more bad tariffs look to be going away. Watching that big time 50 day moving average on the indices. Watching big banks nearing that same 50 day moving average. Liking the drop in 10 year yields. Very important. Earnings not so great but so many things so far down that seeing decent…
SOURCE: https://www.spreaker.com/episode/100-days-04-29-2025–65797586
Not a lot to take from today. Hot open, ugly middle, almost good close but sell done in final minute. Bases hard to come by because of so much damage. Improvement will certainly show them up but we mean lots of improvement. 12 pages of earnings has us watching and that is just this week….
