Once playing, click the icon in the lower right corner for full screen. Focus should occur after a few seconds; if not, click the wheel to the left of the YouTube icon to adjust:
Wednesday, March 29, 2023
SP500, Nasdaq 100, Apple, MSFT, Gold and Ag Snapshot (video)
Monday, March 27, 2023
7 Indicators That Warrant Caution Right Here (video)
Once playing, click the icon in the lower right corner for full screen. Focus should occur after a few seconds; if not, click the wheel to the left of the YouTube icon to adjust:
Morning Note: Scenarios
"Been thinking about scenarios that could erupt as a result of the period of high volatility and uncertainty we are in.
Humbled by the vast number of outcomes in a chaotic cycle.
More I read, the more I am humbled. Some scenarios float to the top:
Sunday, March 26, 2023
Economic, Stocks, Gold and Ag Snapshot (video)
Once playing, click the icon in the lower right corner for full screen. Focus should occur after a few seconds; if not, click the wheel to the left of the YouTube icon to adjust:
Friday, March 24, 2023
S&P, Dollar, Nasdaq 100, Apple and Microsoft Snapshot (video)
Once playing, click the icon in the lower right corner for full screen. Focus should occur after a few seconds; if not, click the wheel to the left of the YouTube icon to adjust:
Thursday, March 23, 2023
Morning Note: Careful What You Wish For!
As I mentioned yesterday, our PWA Index presently scores a recessionary -33.33; with 20% of its inputs scoring positive, 53% negative and 27% neutral.
One of its current negative influencers is the Sectors-to-SP500 ratio -- each week we take a 30-day lookback at how each major sector is fairing against the broader market.
Here's last week's look (a below-100 score denotes the sector underperforming the S&P 500):
Wednesday, March 22, 2023
Morning Note: An Air of Desperation
Watching from a distance the past few days (on vacation), I found myself thinking how desperate "the market" (equity market actors) seems these days... And while indeed early-stage 2023 has seen its share of downs (recently wiping out all of January's impressive gains), it's, frankly, the ups that, for me anyway, have that air of desperation (fear of missing out) to them.