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Not-so-fast food and a lesson in economics

Yesterday, stocks closed mixed on a bumpy day which left even the most seasoned Wall Street vets grasping for solid answers. The US economy grew faster than economists predicted, which SHOULD be a good thing… for everyone.
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Knowing what is a baby and what is bathwater is paramount

Stocks were routed yesterday as weak-handed investors let loose some of their favorite mega cap techs, opting for easy Treasuries. Flash manufacturing PMI slipped into contraction zone, but overall sentiment is carried higher by services.
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Economic theory is real and it’s not supernatural forces at work

Stocks gave investors a bumpy ride yesterday as they digested mixed earnings. Candidate-apparent Kamala Harris closes in on rival Trump, but still has plenty of ground to cover.
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The pace of the race

Stocks gained yesterday as traders struggled to figure out what potential Pres candidate Harris could do for Wall Street. The bulls decided dip a horn into the water to see if it was time to buy the dip on recently soft mega caps.
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Trump Trade versus Harris Trade, still anyone’s guess

Stocks bathed in red on Friday as tech stocks led the way down. The CrowdStrike-borne outage shined a light on the vulnerability of technology, not only in the network, but also in the markets.
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You don’t always have to trade

Stocks stumbled across the board yesterday as investors struggled to find a good reason to buy stocks. Ken Griffen adds a $40 million pile of dinosaur bones to his portfolio, proof that long-long-long-term investing pays.
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Someone has got to pay for all this

Stocks had a rare mixed close yesterday in which the cobwebbed Dow rose to fresh highs while its distant cousin Nasdaq was trounced. Tough Biden Administration trade talk caused discomfort amongst the semiconductor faithful.
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