Riding the Big Wave AI Trend

Riding the “big wave” trends in markets can be a tricky endeavor. To put it in surfing terms, you have to paddle out into forceful waters, and then you have to get properly positioned to catch the next big wave. If you mistime the big wave when it comes, it can crash down on you,

The Good Fortune of This Problem

Hotter-than-expected economic data. That’s basically the key driver of the price action in the markets this week, and when you consider the current situation, it’s easy to understand why. The latest example of this data was delivered early today, as the Commerce Department released the Personal Consumption Expenditures (PCE) Index before the opening bell. The

Too Hot to Handle

This week’s price action in markets basically comes down to one key thing: Hotter-than-expected economic data. The latest instantiation of this was delivered early today, as the Commerce Department released the Personal Consumption Expenditures (PCE) Index before the opening bell. The preferred measure of inflation by the Federal Reserve came in with an increase of

Running Out of Gas

Sometimes, trades are set up by the most basic premise in economics — the law of supply and demand. When you have a supply glut and waning demand, then you usually get a price decline. That’s true of consumer goods, commodities and particularly stocks tied to their fortunes. Over the past several months, we’ve seen

“Piloting the Economic Plane – Enjoy the Ride or Jump Out?” Teleconference 2/23/23

I sat down with my subscribers for a conversation on, How to Profit From Big Brother’s Big Wallet Click Here Now to Get Our Lowest Price Ever Offered!

“Piloting the Economic Plane – Enjoy the Ride or Jump Out?” Teleconference 2/23/23

I sat down with my subscribers for a conversation on, How to Profit From Big Brother’s Big Wallet Click Here Now to Get Our Lowest Price Ever Offered!

A Market in Search of Clarity

The term “fog of war” comes to mind when thinking about the market’s performance over the past several weeks. On the one hand, we’ve seen some rather robust moves higher in stocks that have reported earnings (Nvidia (NVDA) is the latest). Yet we have also seen some very downbeat moves in stocks that have disappointed

Invest in Your ‘First Wealth’

“The first wealth is health.” That’s a profound proclamation by essayist and poet Ralph Waldo Emerson, a man who was brimming with all kinds of excellent wisdom. Here, Emerson reminds us that even if we’ve managed to achieve a good measure of monetary wealth, that wealth cannot and should not replace the first goal of

Cautious Tones and Rate Hike Fears

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The Hawkish Data and More Hikes

When we started the week, there was optimism among traders that the Fed had reached so-called “peak hawkishness,” and that we would get one, maybe two more 25-basis-point rate hikes before reaching a terminal fed funds rate of about 5%. Well, this week the outlook has changed, and that’s due to hawkish data and a

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