Saturday, April 5, 2025 In the two days following Trump’s reckless introduction of the opening round of a worldwide trade war, aimed at friends and foes alike, the stock market has lost trillions of dollars of market value. China responded, “We see your tariffs, and we raise you our own tariffs. In addition, we increase…… Continue reading Where’s the Bottom?
Tag: stock market
Still Negative on the Auto Sector
April 26, 2023 Although I am not a professional auto analyst, and this is in no way investment advice, I continue to believe the Auto Sector, of GM ( ), F( ) and TSLA ( ) could be a sink hole for investors in 2023. On Tuesday, General Motors (GM) reported an 18.5 percent drop…… Continue reading Still Negative on the Auto Sector
The Storm Ahead
April 25th 2023 Here we go again…..Once again, Speaker McCarthy and the extreme wing of the House GOP, threatens to allow the United States to default on its financial obligations, unless President Biden and the Senate agree to his political blackmail. Once again we are being taken to the edge of the financial cliff. After…… Continue reading The Storm Ahead
Problems in Auto-Land?
April 20, 2023 After the close of the stock market on Wednesday, Tesla Motors (TSLA) reported disappointing Sales and Earnings numbers for the most recent quarter, and the stock looks to open, at a new 6 month low today. On the back of this disappointing earning reports, many of the major brokerage and investment firms…… Continue reading Problems in Auto-Land?
Storm Ahead?
April 5, 2023 As we head into a big Holdiay Week, with both Passover and Easter celebrations ahead, the market is slowly grinding lower. A lack of direction? The calm before the storm? Many investors are hoping that the signs that the economy is slowly dipping into a recession will force the hand of the…… Continue reading Storm Ahead?
FTXBankrupty Who’s Next?
December 15, 2022 As the sad facts come to light that the $30 Billion “wealth” of Sam Bankman-Fried and his FTX platform were all a mirage, and just another Ponzi scheme, attention is now turning to the other major crypto platform Binance. Is it also just another “House of Cards?” In an effort to restore…… Continue reading FTXBankrupty Who’s Next?
Musk & TWTR
Wednesday, Oct 5th, 2022 Yesterday, Elon Musk sent the folks at Twitter (TWTR) a letter that his “on again” “off again” deal to buy TWTR for $54.50 per share was back on again, days before the trial to force him to complete the deal was scheduled to begin. Was this sudden change due to his…… Continue reading Musk & TWTR
At The Top?
August 28, 2022 Friday’s sharp 1,000 point decline was triggered by Fed Chairman Powell’s brief, but pointed, “inflation fighting”comments at the annual Jackson Hole, Wyoming economic meeting of the world’s financial elite. Fighting Inflation was job number one, for the Fed at this time, said Powell, even if it leads to some short term economic…… Continue reading At The Top?
Turning Point?
With a down day on Friday, 8/19/2022, the weekly upside trend for the stock market has been broken. Is this just a just a temporary pause in the five week uptrend that has recaptured almost 50% of the market’s 2022 decline, or something more significant? Although this is not investment advice, I would suggest that…… Continue reading Turning Point?
Recession Ahead?
July 26th, 2022 As the markets await the Federal Reserves decision today on whether to make a 3/4 point increase in short term interest rates, to contain inflation, or something more significant, like a full 1% increase, investors should consider this question. Are we facing a recession in the coming months? One technical indicator that…… Continue reading Recession Ahead?