FED new policy…same as the old policy

I know it’s fashionable to be worried about the stock market.  I’m not. One of the main emotional drivers is that the Federal Reserve has tightened its monetary policy and that interest rates are going up. Attached is a chart of the FED Funds rate going back to 1954.  The RED line indicates estimated interestContinue reading “FED new policy…same as the old policy”

FED policy shift PANIC…buying opportunity?

Hopefully you’re enjoying the start of the summer and not paying attention to the latest Media drama that’s spinning a false narrative about a hawkish shift in the Federal Reserve’s interest rate policy. This week’s scheduled FED FOMC meeting was touted as a lynchpin event for managing inflationary pressures.  Legendary commodity trader Paul Tudor JonesContinue reading “FED policy shift PANIC…buying opportunity?”

February Tech Unwind- buying the dip

The Tech Unwind and the Rotation out of Stay-at-Home stocks accelerated this week with the NASDAQ declining 4% and dropping below its 50dma; while the S&P 500 absorbed some of the buyers, thus faring better, down only 2.5% and holding at its 50dma. Because of the underlying economic data, and recent stock market price action,Continue reading “February Tech Unwind- buying the dip”

Markets like easy money

S&P500 is poised to close out the week up more than 4%.    Why? Mexican tariff fear is abating. No surprise, Mexico will take action (or at least say they will) to curb migrants entering their southern border. The May job’s report was weak, leading some to believe that the Federal Reserve will cut interest rates.Continue reading “Markets like easy money”

Bought VLO…Sold WMT

The markets have been down and the S&P500 is resting on its 100dma; however, I’m optimistic and take some comfort in the fact that the VIX has remained relatively calm. I think a lot of the panic is due to the EU Parliament shakeup- which is driving the Euro and their rates lower, consequently draggingContinue reading “Bought VLO…Sold WMT”