The great geopolitical analyst and theorist Robert Kagan wrote a long article on Chinese ambitions for the WSJ’s Review section this past weekend: “Challenging The US Is A Historic Mistake” [SUBCRIPTION REQUIRED]. I highly recommend it for laymen like myself…
The S&P closed above its 200 DMA Monday on hope that the Fed is close to done in its fight against inflation and the economy will avoid a recession. Investors are pricing in a “Goldilocks scenario” according to Liz Ann…
In the wake of Lockheed Martin’s (LMT) underwhelming 1Q22 earnings report Tuesday morning, WSJ Heard on the Street columnist Jon Sindreu argued in Wednesday’s paper that defense stocks may be at “the peak of the wave” after a nice post-Ukraine…
As the NASDAQ chops around between 13,000 and 14,000 as I suggested it would during last Friday’s session in “A Countertrend Rally” ahead of Friday morning’s February Jobs Report at 8:30am EST, my attention is turning to Russia and the…
What investors have been fretting about finally happened: Russia invaded Ukraine Wednesday night. Bears have been correct in saying that we won’t see even an intermediate bottom until there is real fear – and we haven’t seen it yet. Well,…
The uncertainty around a Russian invasion of Ukraine combined with a three day weekend created a tough spot for traders. If Russia does indeed invade Ukraine, I suspect the market will tank when it reopens on Tuesday. If Russia does…
Gold had a big day Friday in the wake of the news that we might be going to war with Russia over Ukraine. The Gold ETF (GLD) was +1.91% on 3x average volume. Combine potential geopolitical conflict – and don’t…
Note: To sign up to be alerted when the morning blog is posted to my website, enter your name and email in the box in the right hand corner titled “New Post Announcements”. That will add you to my AWeber…
NOTE: Every week or two I write a Client Note for my clients. For a limited time, I am allowing non-clients to sign up and receive it at the same time as my clients. You can sign up at the top…
NOTE: Every week I write a Client Note for my clients. For a limited time, I am allowing non-clients to sign up and receive the Client Note. You can sign up at the top right hand corner of the website. …