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Third rally attempt did not hold up | July 6th, 2022

Third rally attempt did not hold up | July 6th, 2022

 The third rally attempt in past months, signaled by the prior Friday buying frenzy, did not hold up, failing as prior rallies have. As a result, financial headlines are noting “the worst 6 month start for stocks since 1970.”  Passive investors continue to get...

Third rally in recent months | June 28th, 2022

Third rally in recent months | June 28th, 2022

 The short week produced the third rally in recent months, on widespread buying by investors which occurred throughout the week rather than just on a single day.  Reasons given were surprisingly good earnings, reassuring Fed comments, very surprisingly strong new home...

Performance Results | $ALT, $HROW, $PUMP, $STKL

Performance Results | $ALT, $HROW, $PUMP, $STKL

1 new weekly high among long positions. Big rise in ALT and STKL. 4 stocks with double-digit % long gains:   HROW +35 STKL +49 ALT +101 PUMP +113   1 new weekly high among long positions. Big rise in ALT and STKL. 4 stocks with double-digit % long gains:   DNOW +12...

Pessimism is widespread | June 21st, 2022

Pessimism is widespread | June 21st, 2022

 The intra-week volatility pattern was different this week – a large down day to start the week, a small rally, another huge down day Thursday, quiet Friday. Although the daily movements were different than in recent weeks, the result was the same – another new low...