Michael James
Market Breadth Is Narrowing, Making Stocks Even More Prone to Collapse
Stocks opened for a big loss this morning after Japan declared a state of emergency. Covid numbers are up in the land of the...
June Manufacturing PMI Signals Major Stagflation Threat
The market got crunched this morning for a sizable loss as Dow components led the way lower. Only tech managed to escape relatively unscathed,...
Why the Market Is “Stuck” at Its Recent Highs
Stocks stalled again this morning with another economic report due out at the end of the week.
Sound familiar?
It’s been this way for months, now....
The S&P 500 Just Formed a “Double Top”
Never fear, investors:
Fed Chairman Jerome Powell (and the rest of the “plunge protection team,” or PPT) is here to save the day. After Friday’s...
A Gold Rally Is Coming, Here’s Why
Does gold collapse in the face of deflation?
It’s a real concern among precious metals investors, and somewhat of a universally held belief. Back in...
Friday’s Dip May Have Signaled a Bear Market Reversal
The FOMC wrapped up its June meeting last Wednesday, and as of this morning, investors still aren’t quite sure what to make of it....
Why the “Inflation Trade” Is Still the Market’s Best Bet
The June FOMC meeting concluded yesterday, and immediately after it ended, bulls got an unexpected dose of “hawkishness” from Fed Chairman Jerome Powell. Equities...
Michael Burry Issues Dire “Bubble” Warning
Is the market in the greatest bubble of all time?
According to Michael “Big Short” Burry, it certainly is.
“People always ask me what is going...
Consumer Spending Intentions Go “Hyper-Bearish” in New Conference Board Data
Another day, another trading session marked by indecision. Neither bulls nor bears were able to take control of the market this morning following yesterday’s...
No, the FBI Didn’t “Hack” a Bitcoin Wallet
Stocks traded lazily higher again this morning as investors await tomorrow’s reveal of the May Consumer Price Index (CPI). Economists expect an already “hot”...