by revisor | May 2, 2023 | Uncategorized
“The markets climb a wall of worry.” It’s a phrase that has existed since I was a young trader in 1989; and I’m sure it was around long before then. It describes the financial markets’ ability to overcome and continue to rise in the face of negative news and...
by revisor | Jun 9, 2022 | Uncategorized
FED rate expectations and inflation data whipped the markets down and then back up to finish last week. Both will continue to dominate the market narrative until we get signs that the FED is seeing inflation calm down. On Wednesday the CPI (consumer price index) was...
by revisor | Jun 9, 2022 | Uncategorized
The second half of 2022 for the markets begins now. The following is a summary of 15 Wall Street Strategists published (CNBC) year-end estimates for the S&P 500 index. These come from firms such as Merrill Lynch, CitiBank, Credit Suisse, Goldman Sachs, JP Morgan,...
by revisor | Jun 9, 2022 | Uncategorized
Are we at “a bottom” or “the bottom?” This is the question that is dominating market participants. Two weeks ago, we had a meltdown with 5 of 7 trading days seeing 90% of the S&P 500 stocks falling in value. This has never happened. I vividly recall the morning of...
