Yesterday, the Office of the Comptroller of the Currency (OCC) released a proposed rule for establishing the Community Reinvestment Act…
Continue ReadingThanksgiving Could Lead To Another COVID Infection Spike
Commenting on the free of COVID infections spreading during Thanksgiving and today’s trading, Gorilla Trades strategist Ken Berman said: Get…
Continue ReadingSlack stock rips higher on report of talks with Salesforce
Shares of Slack Technologies have skyrocketed after a report that Salesforce is negotiating to buy the company. Citing sources familiar…
Continue ReadingFOMC Minutes: “Concerned about the possibility of a further resurgence of the virus that could undermine the recovery”
From the Fed: Minutes of the Federal Open Market Committee, November 4-5, 2020. A few excerpts: Participants continued to see…
Continue ReadingKyle Bass’s UDF Feud: Risk In Short Selling
Whitney Tilson’s email to investors discussing Kyle Bass’s feud with United Development Funding (UDF) spotlights short-selling tactics. Get The Full…
Continue ReadingCould Skewness Be Used with Trading Strategies to Predict Bottom?
“I think a lot of people will again begin to wonder how low is the market going to go? When…
Continue ReadingMarket Leadership Shifts As Growth Gap Widens (Plexus Corp)
The Broad Market Index was down 0.77% last week and 72% of stocks out-performed the index. It was a light…
Continue ReadingA few Comments on October New Home Sales
New home sales for October were reported at 999,000 on a seasonally adjusted annual rate basis (SAAR). Sales for the…
Continue ReadingThanksgiving 2020: What I’m Thankful For This Year
Thanksgiving 2020 … it’s gonna be a holiday unlike any other. A lot has changed since this time last year.…
Continue ReadingCoronavirus relief funds clawed back from Fed put out of Yellen’s reach
President-elect Joe Biden has chosen former Federal Reserve Chairperson Janet Yellen to be his Treasury secretary, and current Treasury secretary…
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