Daily Archives: August 8, 2022

Showing articles 1 - 2 (2 total)

21Jun3:41 pmEST

Context for the Rest of the Week

ARKK, what with its abundance of growth stocks (namely bios) housed in Cathie Wood's flagship ETF, likely serves as the premier market tell for the rest of this week. With Fed Chair Powell's speech tomorrow and Thursday, bears will try to undo today's rally while bulls will bet on a continuation of the squeeze. The reason why ARKK is a good...

21Jun10:35 amEST

Attack and Retreat, Attack and Retreat

It appears we are still in the middle phase of the bear market, where many think the worst is over (this cycle, inflation and the dump in growth stocks) and it is easy to talk oneself into a major bear market bottom with the spike down and reversal in crypto over the long weekend. You may recall, however, that we saw similar "the worst is over"...

 
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