Daily Archives: May 5, 2022

Showing articles 1 - 2 (2 total)

06Jan3:28 pmEST

Sneaky, in Camouflage

Recently, but not today, we have seen the pattern of a notably weak Nasdaq and growth stocks while the Dow was strong. The old timers would say that the Dow was lying in this setup, to allow for the big money to distribute or unload shares of growth titles to the unwitting retail players who assumed that the market was A-OK because...

06Jan10:52 amEST

Sloshing Around

Mixed early action virtually across the board is leaving many traders discombobulated as to whether the selling in growth stocks has truly abated. To my eye, there remains a distinct state of denial with respect to the Fed tightening already set in motion. Many simply refuse to accept that The Fed will actually hike rates and reduce their...

 
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