Hope for a round 2 of IRS stimulus checks has been put on hold. The longer lawmakers wait to act,…
Continue ReadingSunday Night Futures
Weekend:• Schedule for Week of June 7, 2020 Monday:• No major economic releases scheduled. From CNBC: Pre-Market Data and Bloomberg…
Continue ReadingJune 7 COVID-19 Test Results
Note: I started posting this graph when the US was doing a few thousand tests per day. Clearly the US…
Continue ReadingAt the Edge of Chaos: For the Bears, It’s Back to the Drawing Board
I’ve been bullish on this market since soon after the mid-March bottom. However, I’m not taking a victory lap, as…
Continue ReadingThis Pharma Stocks Offers A Potentially Profitable Hedged Option Setup
Piramal Enterprises Limited — PEL.IN The stock has under-performed the Pharma Index over the past couple of weeks. Against the…
Continue ReadingFOMC Preview
The FOMC will meet this week on Tuesday and Wednesday, and expectations are for no change in policy. Fed Chair…
Continue ReadingZoom Stock and the Big Market Delusion
In an article published in the Financial Analyst Journal, Aswath Damodaran and I describe and analyze what we call “The…
Continue ReadingSecond coronavirus stimulus checks could reach you quicker
One of the most discussed topics currently is when the second round of coronavirus stimulus checks will be announced, or…
Continue ReadingKnowing When to Add Risk and When to Reduce Risk
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,…
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