Futures up decently but one must remember, since Wednesday’s midday high, in just 4.5 days, the DOW dropped 9.1%, the S&P 10.9% and the NASDAQ 12.2%…again, IN JUST 4.5 DAYS. Just to give a price context, the DOW dropped 3,012 points. So if we get a 1,000 point rally, do not get too excited. It would…
Source: https://www.spreaker.com/user/10863617/ie-06-14-22
Last week, we stated to expect a 3/4 point move by the fed and not a 1/2 point. Looks like the fed has now leaked that 3/4 point number. We would be surprised otherwise. Unfortunately, the bond market is laughing even more at the fed as yields soared yesterday by almost that extra 1/4 point….
SOURCE: https://www.spreaker.com/user/10863617/ie-06-13-22
We think these reminders are quite appropriate at this time. This brutal bear market looks to become more apparent as the S&P closed on its closing low Friday as just about everything has turned down. We suspect you are going to hear a lot about the somewhat dormant VIX real soon as the many recognize…
SOURCE: https://www.spreaker.com/user/10863617/ie-06-10-22
SOURCE: https://www.spreaker.com/user/10863617/ie-06-09-22
SOURCE: https://www.spreaker.com/user/10863617/ie-06-08-22
SOURCE: https://www.spreaker.com/user/10863617/ie-06-07-22
We started warning you last February. That’s February of 2021. We warned that these SPACS were like buying $5 bills with $20 bills. Little did we know that in many cases, you were buying $1 bills. We used the term “money grab!” We warned that another outcome, another bubble of the Powell printing press brigade…
