Category Posts

Artificial Intelligence Is Rampant

This is the morning report for March 1st, 2024. From Barron's this morning: Stocks Are Ignoring The Fed: AI Is A High Risk Catalyst "The...

Financial WMD

This is the monthly market report for February 2024. This is all an experiment in maximum financial idiocy. The results of which are TBD....

February RISK ON

As I said on Wednesday, this casino is on fire. For some reason, markets simmered in January and then went parabolic in February. Nvidia...

The Casino Is On Fire

This is a special report ahead of the PCE inflation report tomorrow (Thursday). The animal spirits are running hot right now ahead of the...

Morning Market Report: Feb. 28th, 2024

These were two headlines one after the other this morning on Marketwatch: There's a point at which the financial media's desire to pander...

Closing Market Report: Feb. 27th, 2024

Following last week's Nvidia-driven gap run, this week has been a very boring market. Both volume and volatility have collapsed. As I...

The Magnificent Seven

For a change from the usual routine this morning, I'm going to give an update on the seven mega cap Tech stocks that were dubbed "The...

Morning Market Report: Feb. 26th, 2024

Over the weekend the WSJ/Barron's made note of Warren Buffett's dour stock market outlook as diametrically opposed to the current AI...

Artificial Intelligence. Strong Buy.

This is the weekly market summary for the week ending February 23rd, 2024. Last week I wrote about the AI Supernova. That rally peaked on...

The AI Tulip Bubble

My overall hypothesis is that AI/Nvidia is Wall Street's Gamestop. Once again, Nvidia delivered the goods last night. Jensen Huang,...

Closing Market Report: Feb. 21st, 2024

All eyes on Nvidia, in the meantime, the market traded all over the place today. Tech was weak all day, but the Dow was bid. The S&P...

Morning Market Report: Feb. 21st, 2024

This afternoon we get FOMC minutes which has the potential to move the market if FOMC members are perceived to be leaning hawkish. Fed...