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Watchlist

11/29/22 Falling Like Dominos… BlockFi & China’s Policy

News: On Monday, markets gapped lower and declined steadily through the day. All 4 indexes ended the day in the red. Headlines continue to blame the unrest in China, which could hamper global growth. The New York Times said China’s zero-Covid policy “no doubt … saved lives” but is now “outdated.” Our take … The …

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11/28/22 China’s Superspreaders & The Shot That Ended a Legend

News: Friday’s short session delivered low volume and mixed results. 58% of stocks advanced, while 37% declined. The indexes ended the day mixed… This morning futures are notably lower as widespread protests against China’s “zero-covid” policy grip the world’s most populous nation. Sector Round Up 7 of 11 sectors ended Friday higher. No sector rose …

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11/25/22 “Majority:” Slower Rate Hikes Ahead – NAILED IT!

News: On Wednesday, markets climbed higher and reacted positively to the release of the November Fed FOMC minutes. All 4 indexes ended the day higher… The minutes showed the decision to raise rates in November was unanimous. Looking ahead … “a substantial majority of participants judged that a slowing in the pace of [rate] increase[s] …

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11/21/22 Your Short Thanksgiving Week Outlook

News: On Friday, the markets finished without much change…  All 4 indexes posted modest gains… Sector Round Up 9 of 11 sectors ended the day higher. Leading the charge… The losers… Bitcoin’s Bulls A Wall Street Journal report states, “a record high …13.5 million bitcoins, roughly 60% of the circulating supply, haven’t been moved in …

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