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I have been bearish on Amazon (NASDAQ:AMZN) since March despite its solid fundamentals because of the technicals.I repeated that call in July, and then on August 1 I braved a short-term bullish call,...
Longtime readers of this column know that I do not put much faith in models or forecasts. Indeed, the more complicated the model and the longer term required by the prediction, the more inaccurate it...
Railroad strike could happen by Friday, crippling coal supplies Gas supply might get tighter on late summer heat/cooling demand; LNG in view too Gas prices could target next technical range of...
September 14 was dull, with the S&P 500 trading between 3,910 and 3950. However, it has given the index an appearance of a consolidation day, and while it doesn’t have to, the day after the...
Investors dumped Meta Platforms (NASDAQ:META) shares like they were infected with COVID yesterday. The stock plummeted 9.4% after the U.S. consumer-price index revealed that inflation spread beyond...
Hot CPI reinforced expectations Fed will hike aggressively Gold looking heavy as bulls desperately clinging onto $1,700 support Watch out for sharp move lower if support gives way The markets...
Palladium may be boxed in, going nowhere on economic uncertainty Hawkish Fed not making outlook any better for auto catalyst With appropriate demand, charts show palladium could target $2,394 After...
So much for that. It took one day to erase nearly a week’s worth of gains. An almost 6% rally in the S&P 500 was gone in less than 7 hours. This market moves with incredible speed, and we...