05Nov2:34 pmEST

Groundhog Day on a Constant Loop

The recurring theme of the Nasdaq and, indeed, senior indices for a few years now has been the constant snapback rallies after any and all temporary bouts of weakness. Earlier this year we did see a correction which bottomed in early-April for another V-shaped bottom. Since then, even the slightest weakness has been immediately gobbled up for...

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04Nov2:48 pmEST

Tear Down the Jets, Tear Down the JETS

It sure feels like this is the one trading session in recent memory where we did not see an overnight/morning headline bonanza of Sam Altman/OpenAI/NVDA/Scott Bessent/Trump pumping up markets. Of course, we are now seeing a nice selloff today led by PLTR's earnings dump. Furthermore, there is a sense of complacency by many that since we are now...

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03Nov2:33 pmEST

Let's Not Cry Over Spilled Gamma

This earnings theme of this week will be a slew of some of the hottest momentum/meme stocks both of this year and this decade, namely PLTR HIMS HOOD, even AMC, among many others like AMD TTD UPST.  And that seems appropriate at the moment, given what is known as the "dispersion" of this tape reaching a fever pitch. As my friend Jon Krinsky...

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31Oct3:18 pmEST

Afternoon Update 10/31/25 {Video}

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30Oct1:20 pmEST

Temporary Prosperity is Ending

"The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists." -Ernest Hemingway Tempting as it may be for bears to cherry-pick the META earnings selloff and ignore the GOOGL rally...

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29Oct3:19 pmEST

Strung Out

After the FOMC cut rates 25bps as expected earlier this afternoon, Fed Chair Powell seemed to upset markets by suggesting that the December FOMC would not automatically continue with the rate cutting regime. Of course, as is his reputation, he then seemed to assuage markets by noting that The Fed did not see an asset bubble in AI, which saw...

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27Oct2:27 pmEST

Playing with Fire

Much like with oil, perhaps the only thing really holding back prices from truly getting even more out of hand for the consumer has been the soft ags lagging.  But if that changes and we see corn, soybeans (the latest political football between the U.S. and China) and wheat, all respectively below on their daily chart ETFs/Funds/ETNs, begin to...

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24Oct3:32 pmEST

Afternoon Update 10/24/25 {Video}

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23Oct2:48 pmEST

The Rally That Wasn't There

It truly does not seem like much of a controversial statement to suggest that the last thing most market players and pundits (including jaded oil bulls) expect is a powerful, sustained rally in crude and the entire oil complex, going forward.  After all, as you can see on the first monthly chart, below, of the USO ETF for crude oil, we have...

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22Oct1:13 pmEST

Keeping it Fair and Balanced on Netflix

Netflix is gapping down hard after earnings, as the tech portion of earnings season is officially underway.  That said, with a market cap less than $500 billion as I write this, bulls are correct to counter that NFLX is not truly a mega market leader like it has been in previous cycles. Simply put, NFLX is not in the same league as AAPL GOOGL...

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