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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...
Mar 1, 20242 min read


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....
Feb 29, 20243 min read


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...
Feb 29, 20241 min read


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...
Feb 28, 20242 min read


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...
Feb 28, 20241 min read


The Casinofication of Markets
Over the weekend Warren Buffett remarked that markets were increasingly resembling a casino. He came up with several different plausible...
Feb 27, 20243 min read


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...
Feb 27, 20242 min read


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...
Feb 27, 20242 min read


Fed Policy Error Update
It was a boring day on the markets so I was perusing some of my Fed (FRED) database charts and noticed that consumer delinquencies have...
Feb 26, 20242 min read


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...
Feb 26, 20242 min read


Buy And Hold Is Dead
It died a long time ago. No one seemed to notice. Certainly no investment advisors. Late Friday, Warren Buffett's Berkshire Hathaway...
Feb 25, 20243 min read


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...
Feb 22, 20243 min read
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