Punk Rock And Stock Prices
Way back in the early 80s, when MTV actually played music videos, The Clash was a staple for the innovative cable channel. Some of the English punk band’s lyrics for the song Should I Stay or Should I Go aptly...
Tag: Federal Reserve
Bulls Have To Wait
We keep wanting to go bullish, but the market won’t let us. Just when the NASDAQ looked like it was about to fly past its 50-day moving average and say bye-bye to resistance, the Federal Reserve raised rates. At first,...
The Fed And Stocks About-Face
It sure looks like Wall Street wants to take stocks up. The NASDAQ pivoted higher after setting a 52-week low, sold off after the initial rush higher, and then the index lifted again with a higher low. Higher cycle lows...
Fed Dilemma – Inflation Or Recession? Which Would You Pick?
Stocks took it on the chin last week, getting KOd by the one-two punch of higher-than-expected transitory inflation that inched up and FedEx’s earnings miss. Wall Street was hopeful that the Federal Reserve would be able to engineer a soft...
When It Is NOT Good To Be King
The major stock indexes are in such perilous positions that it’s hard to consider any long, equity positions right now. Last week we highlighted ProShares Short QQQ (PSQ) as a way to hedge or profit if the NASDAQ face planted....
Stocks Dropped More Than 20% The Last Time This Happened
How quickly things can change. Last week we wrote that the NASDAQ was due for some profit taking as the index scored a Relative Strength Index (RSI) score or more than 70. We thought the NASDAQ would slip to around...
