Market corrections happen fairly often and during those corrections — the negative feedback loops you will see and hear will be overwhelming. For as long as I’ve been doing this, I can recall good rationale to never own stocks again. It wasn’t too long ago when the entire financial system collapsed, only to be saved...Read More

The CPI numbers came in light. Futures lifted on that news and then of course collapsed the open. The sellers exhausted and then we limped higher. I didn’t expect anything today and did little other than take a starter in CCJ post earnings dip, add to AVGO, AMZN and C. But those adds aren’t like...Read More

I am heading out early, so I wanted to touch base now regarding today’s dreadful action. Yesterday a company called Altruist said they could apply AI to tax planning and it hit all of the banks and brokers very hard. Today some scam company claimed they could do the same for trucking. Are we kidding...Read More

The bastard tape attempted larceny this morning with 10 red candles in a row, STEALING 1% off the market in a manner unbecoming of a gentleman. Long story very short, yours truly bravely held firm in the face of fire — showing both courage and panache. We closed the session +50bps, crushing the SPY by...Read More

People often ask me when is the best time to invest. Lest I am top down bearish, my answer is usually “right now.” Because people are prone to avoid harm and worry about them literally jinxing markets by buying all at once, some of those people either trade very fast and miss out on large...Read More