As I start my normal "Walk Down Main Street" on Monday night the three things that this market is going to be focused on couldn't be any clearer.   First, of course, is A.I. In case you missed it, NVIDIA released their introduced its DGX GH200 AI Supercomputer.  According to NVIDIA, this is a "New […]

As I'm sure all of you know a friend of mine – Kenny Glick – continues to make the claim that we are in a bull market.  He says to avoid shorting the Invesco QQQ Trust Series 1 (QQQ) because the market is never going to go down…  Me being a notorious bear in today's […]

We're in the heat of earnings season for retail, and we're getting a feel for how well the consumer is weathering through the recent slowdown in the credit cycle.  That's right, the credit cycle, or what we will refer to as liquidity.   It affects us all, not just those multibillion-dollar corporations trying to finance equipment […]

Depending on who you ask about the market right now, you'll get a variety of answers. Some people are hellbent that this is the beginning of a new bull market. Others, such as myself, realize that this market is still disconnected and avoiding reality at all costs. Well, there is something to be gleaned from those […]

We're kicking off the week with a familiar feeling – being a little nervous while simultaneously saying to ourselves, "There's no way." I Don't Want To, But We Need To Talk Debt Ceiling There's no way they won't come to a solution to the debt ceiling. I said it to you a few times last […]

Surely you've heard me say this before… "Volatility is a trader's best friend." But let that sink in for a minute, and I'll explain to you why you should like volatility. First, let's establish that there are two different approaches to investing. Investors: These are people who make investments with longer-term outlooks. They buy or […]

Here we go, the earnings season is finally setting its sights on the retail sector, as companies like Home Depot Inc (HD), Walmart Inc (WMY), Target Corp (TGT), and TJX Companies (TJX) start providing their results and guidance. Just like the large-cap tech index, the Nasdaq 100, the retailers' earnings come as concentrated waves, indicating […]

Yesterday, the New York Fed dropped its household debt report. The findings were pretty eye-opening – even for me, someone whose been pounding the "credit-reliant" drum a lot throughout the past couple of months. Usually, after the winter holidays, people begin to slowly deflate their credit card balances and pay off all the gifts they […]

Biotech Stocks are Getting Ready to Breakout 8Baller and I covered this chart late last week, and it looks coverage worthy again, as the SPDR S&P Biotech ETF(XBI) is preparing to break to the top of its recent range with a move above $88. The biotech sector has been the strongest-performing widely traded ETF over […]

If you're keeping score at home – and let's face it, we're all keeping score – the Invesco QQQ Trust Series 1 (QQQ) squeaked out another weekly win last week. However, during the same timeframe, the iShares Russell 2000 ETF (IWM) dropped another 0.8% for the week. Those two numbers tell you all you need to […]