Dear Reader, CJ here. Investors are jubilant about the market’s one-week rally. CNBC and other media outlets are identifying it as the strongest move in more than a year… and technically their right. That said, a full breakdown of the market’s critical levels and the key sectors to watch over the next week is essential. […]
The latest CPI reading didn’t surprise anyone except for Paul Krugman. We saw momentum turn back negative after one day of neutral readings. Capital seems to be staying in the market, but there’s been a big pump into utilities and energy in recent days. A lot of people think that the Fed is done raising interest rates. But they’re still missing the big picture... Full Story »
The Fed has been talking about it for more than a year. Wall Street's analysts have caught on in the last few months, finally. Even the Fed's staunchest critics are starting to agree. I'm talking about interest rates. More specifically, the likelihood that rates are going to stay high for a longer period. But I'm especially focused on the fallout for regional banks... Full Story »
