They Ruined Reese's

So I bought a sack of Halloween candy last weekend, cuz, you know, Halloween is right around the corner, I can’t Trick or Treat anymore (creepy dude!) and I like to get an early start on eating Halloween candy anyway…  It was a Hershey assortment – Payday, Hershey with almonds, Mr. Goodbar, Reese cups, and […]

The Lithium Problem

Things just got ugly for lithium stocks. Bank of America (NYSE: BAC) just downgraded the entire sector due to a potential lithium oversupply expected to hit in 2024.  Sociedad Química y Minera de Chile (NYSE: SQM) and Albemarle (NYSE: ALB) are the biggest lithium miners and processors on the New York Stock Exchange. SQM is […]

EVs and Interest Rates

I’ve got as few things on my mind today, so I’m going with the tried and true digest format… *****Critical Mass for EVs  On September 11, I told you that global electric vehicle (EV) sales are hitting critical mass right now. Here’s the chart I shared, showing EV sales for the second quarter… Between April […]

Best Sectors for AI Investing

I guess we can say that it’s still early days for the Artificial Intelligence revolution. Of course AI is hardly a new thing at this point. Seems like every other headline from the financial media has something to do with AI. And my email inbox is crammed with promotions for the next AI stock winner… […]

Was That a Bottom?

Let’s start this week with a look at the 3-month chart for the S&P 500. I’ve added a couple do-whiggets (as my Dad might’ve said), so we’ve got that to talk about… The first do-whiggit is the purple arrow. That’s September 20, the last Fed meeting, also known as the day shit really hit the […]

Let Chaos Reign

“From e-e-every mountainside, le-e-t chaos reign…” C’mon! Everybody sing! Maybe this isn’t the best time for jokes… After all, stocks are teetering on the brink of some pretty significant levels. Yesterday, the S&P 500 got within 16 points of its 200-day moving average (MA), before bouncing a little into the close.  The S&P 500 is […]

Oil Prices and Recession

You can’t really say it’s happened all of a sudden. For the last year, economists and market strategist-types have been talking about an imminent recession for the U.S. economy. Inflation, interest rates, the war in Ukraine, commercial real estate, the mini-bank crisis back in March, overheated labor market – the list of imminent catalysts is […]

"I Have an Idiot for a Son"

I found an absolute gem on Bloomberg today.So this guy’s the chief investment officer at Rayliant Global Advisors. And his mom bought Nvidia (NASDAQ: NVDA) down at $100 a share.  But when the stocks rallied to $250 earlier this year, he told her to take her 150% profit… Well we all know what happened. The […]

The Case for Teradyne (NYSE: TER)

So, we’ve talked more than a little about the 4,300 level on the S&P 500 recently. Sorry about that! Seriously though, 4,300 is an important number for the stock market. Because that’s the point at which the S&P 500 signaled that a new Bull Market had begun, back on June 8. For the record – […]

Making the Next Buck

The fourth quarter – October through December – is typically the best time of the year for stocks. It is time to prepare for an end of year rally… The market is following the time-honored tradition of driving stocks lower in September, because: “buy low, sell high.” Best way to get a rally going is […]

What Did the Fed Just Do?

Ok, so, I know I owe you “Part 2” of Tuesday’s article “China…Again?!?” I apologize for leaving you hanging on that, and I will send the second half to you tomorrow… But I felt it was important to address yesterday’s Fed meeting and what it means for the market going forward, and for your investments.  […]

China…Again?!?

I’m not an alarmist. You’ll never see me run around with my hair on fire over whatever the mainstream media has chosen to be their crisis du jour. There’s been just one time during my 25-year career where “sell everything” was the right call – and that was at the start of the Great Financial […]