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On the hunt for signs of corporate greed

Markets slipped yesterday because it was the last week in August and boredom ahead of NVIDIA’s earnings allowed their minds… and fingers to wander. NVIDIA beat almost every estimate handily, as usual, but investors were expecting it to be fireworks like a first kiss – it wasn’t, but it was still...
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Sure, it’s shiny, but what is it really worth?

Stocks crawled higher yesterday as traders eagerly await important economic data – NVIDIA’s earnings report, due this afternoon. Consumer Confidence jumped higher, beating economists’ expectations, boosting the chances of a soft-landing scenario.
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Who is in charge anyway – the economy or the stock markets?

Stocks had a mixed close yesterday with energy higher and tech lower as traders decided to take some profit on their recent high-flyers. Durable Goods Orders shot up higher than expected last month which is a sign that the economy will continue to thrive.
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The Fed Chair selects his words very carefully – listen when he speaks

Stocks rallied on Friday, with a sigh of relief, as Fed Chief Powell finally caved. New Home Sales surged unexpectedly in July – possible proof that lower interest rates can indeed increase demand… and possible inflation.
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What have we missed?

Stocks had a risk off day in the cold vacuum ahead of today’s Fed Chair comments at Jackson Hole. Peloton moves to the front of the peloton with big gains, proving that you can only move up from last place if you can stay alive long enough.
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Garbage in, garbage out – wrong numbers yield wrong answers

Stocks rose yesterday as investors called a September rate cut a done deal. The Bureau of Labor Statistics overestimated jobs growth by… a lot in the year ending in March.
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Bad news before good news

Stocks snapped an 8-day winning streak as bulls took a well-deserved day off to check their maps applications and figure out just where they were at, having travelled so far, so fast. Traders are just passing time searching for market triggers ahead of what could be the big one on Friday with...
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