Going From Bad To Worse
Not that it isn’t already ugly, but things could get even uglier for investors quickly. The NASDAQ closed at its lowest level since this time last year and there isn’t much of a safety net below. The intraday low of...
Category: Rich’s Articles
Expect The Unexpected
Who knew war is good for the stock market? Russia invaded Ukraine and the markets zoomed higher since. The main thinking behind the ramp up is that increased gas and oil costs will drive inflation higher, slow the economy, and...
Not Much Room Before Look Out Below
The US markets were closed on Monday in observation of Presidents’ Day. It was probably a good thing. Late in the afternoon, Russian President Vladimir Putin announced Russia would recognize the independence of Donetsk and Luhansk. (1) Prior to the...
Downside Danger > Upside Reward
If you’ve ever been questioned by attorneys as a witness or potential defendant, then you know they ask the same questions over and over with slight variations. That’s how we feel looking at the market this week. It’s the same...
On The Verge Of A Cross Of Death
There are moments in sports where fans know the game is on the line. The bottom of the ninth with the bases loaded and a full count in a tie game; the final 2 minutes of a tied football game;...
No Green Light Yet
Sellers have left the building… for now at least. Buyers took control of the markets to start the week with the NASDAQ sprinting to a 3.41% gain. We thought stocks were poised for a rebound as we pointed out in...
How High A Rebound?
There is a photo stand located next to the exit of most rollercoasters. Pictures are snapped right as the ride starts its big drop. Most of the photos show terror on the faces of the passengers; although, they are laughing...
Questions Abound With Few Answers
The financial markets were closed on Monday in honor of Dr. Martin Luther King Day. One of my favorite quotes from the civil rights leader is: “If a man is called to be a street sweeper, he should sweep streets...
It’s A Trader’s Market
Interest rates are zooming higher and stock prices are zipping lower. Last week’s Federal Reserve minutes and spike in Government Bond yields spooked Wall Street. Higher interest rates and persistent inflation could lead to pressure on margins and discretion...
