The S&P 500 is the most widely used benchmark for the US stock market and the 200-day SMA is perhaps…
Continue ReadingRay Dalio Urges ‘Beautiful Deleveraging’ of Police Departments
During a YouTube livestream from a bathroom at an undisclosed location, Ray Dalio looked into the camera and reminded viewers,…
Continue ReadingJune 6 COVID-19 Test Results, Over 500,000 Tests
The US is now conducting over 400,000 tests per day, and that might be enough to allow test-and-trace in some…
Continue ReadingWeek Ahead: These Things Happen In A Risk-On Setup: RRG Shows These Sector Losing Relative Momentum
In a yet another week where we witnessed a gush of liquidity continuing to chase the equities, the Indian equity…
Continue ReadingIRS stimulus check status: What to do if you’re still waiting
If you’ve been trying to find out the status of your IRS stimulus check, you’re not alone. It’s unclear how…
Continue ReadingBy Request: Public and Private Sector Payroll Jobs During Presidential Terms
Note: I usually post this monthly, but I hesitated recently due to the COVID-19 pandemic. But I’ll post it by…
Continue ReadingSchedule for Week of June 7, 2020
The key report this week is CPI. The FOMC meets on Tuesday and Wednesday, and are expected to release updated…
Continue ReadingThe U.S. Stock Market Is Becoming One Giant Short Squeeze
I’ve never understood the attraction to short selling, especially in a secular bull market. I get it – March and…
Continue ReadingDid the May Employment Report Signal an End to the Recession?
Part-Time Employees for Economic Reasons is a leading indicator of the labor market. That’s because employers are more inclined to…
Continue ReadingThe Outlook is Brightening for These Companies – and Their Stocks are On Sale
Extreme uncertainty can really push stocks around, and this historically unprecedented pandemic has certainly proven that. Take the steep selloff…
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