Buy Gold On Strong CPI/PPI This Week
Hey Income Hunters, Last week’s Fed meeting, payroll’s number and regional bank’s market gyrations have shifted the market narrative. Do not put any faith in economic numbers – they are packed with revisions and distortions meant to confuse you and get you off-sides. The regional banking crisis will most likely moderate for a while, driven […]
The Fed’s Last Rate Hike
Hey There Income Hunters, It’s finally over … It was just over a year ago that the Fed began a rate hiking cycle that was second to only Paul Volcker’s late 70’s early 80’s cycle. Today, we will likely see a .25% rate hike while Powell retains his hawkish bias. The bigger concern is obviously […]
Debt Ceiling Crisis Moved Up
Hey There Income Hunters, April’s tax receipts came in lower than expected … this moves the deadline closer and it could hit before the summer. The debt ceiling crisis will have liquidity implications for markets that you need to know about. The bottom line is this: US tax receipts are down YoY plus the US […]
Target’s Stock Is On Sale
Each week, I’ll give an overview of a stock and Licia Leslie will follow that up with a chart analysis the next day. Bill Griffo will chime in with macro analysis and Andrew Giovinazzi will then finish out the week with a volatility breakdown. Have a stock YOU want us to review? Email my team […]
Bank Woes are Back .. Fed May Pause
Hey There Income Hunter, A return of the bank crisis did not take long. As I wrote recently, a credit crunch just doesn’t go away. Jerome Powell sent every soldier he had into the fields to tell anyone who would listen that the banks were fine. They haven’t been fine since […]
Insight to Profits This Week
Hey There Income Hunter, The S&P 500 Volatility Index (Ticker: VIX) made a new year-to-date low last week, which is pretty extraordinary when you consider the macro forces at work including .. US small businesses facing the worst credit crunch in a decade US budget deficit hitting $1.1 trillion in first half fiscal […]
IBM A Great Investment
Each week, I’ll give an overview of a stock and Licia Leslie will follow that up with a chart analysis the next day. Bill Griffo will chime in with macro analysis and Andrew Giovinazzi will then finish out the week with a volatility breakdown. Have a stock YOU want us to review? Email my team […]
The REPO Man Is Baaack
During the Roaring 20s, everyone wanted a car. GM and Ford would finance loans to Americans who just had to have one. Well, once the Great Depression hit, car owners fell behind on their loans and repo agents would be knocking on their door to tow the vehicle to the next auction. If you haven’t […]
Friday’s OpEx Impact on the Markets
Hey There Income Hunters, Market cycles can ignite very powerful trends, and the monthly options expiry cycle has consistently reversed those trends. Why? Because, monthly OpEx wipes out all the option open interest that had built up over the previous month. So, over a couple of days, market makers, who took the other side of […]
The Canary in the Coal Mine
Hey There Income Hunter, A mining tradition that dates back to 1911, which was just two years prior to the Fed being created, was the use of canary brought down into a coal mine to detect toxic gasses and protect miners from death. The practice ended in 1986, but the idiom is still often used […]