Ending The Week With A Bang

Ending The Week With A Bang

Amazon reported earnings and gave guidance surprising the Street and the stock is down hard today There are few potential reasons for this move This has been a very frustrating market with the lack of follow-through and perhaps now there are some cracks in the...
Ending The Week With A Bang

First Call July 30, 2021

S&P futures are down 0.7% with Nasdaq futures down 1.15% in Friday morning trading. US equities are on track for a mixed performance this week with growth underperforming value. However, stocks are on track for a sixth straight monthly gain in July. Asian...
Ending The Week With A Bang

Stealing From The Poor And Giving To The Rich

The Robinhood IPO happened today and it's a dud Selling order flow to Citadel and others is stealing from the poor to give to the rich Gold and Silver look buyable if you didn't already I previewed AMZN, CAT, and XOM ahead of earnings My recent earnings previews were...
Ending The Week With A Bang

First Call July 29, 2021

S&P futures are up 0.2% with Nasdaq futures down 0.2% in Thursday morning trading after US equities put in a mixed performance in the prior session. Asian equities are higher overnight with a big bounce in Greater China markets. Hong Kong gained more than 3% while...
Ending The Week With A Bang

Ahead Of The Fed

A note that I thought wouldn't be that long ahead of the Fed turned out to be packed with a lot I did some previews ahead of FB, Ford, and Amazon earnings as I did earlier the week with some others And I think my read on those was pretty decent What markets to watch...