My watchlist’s largest move today was Twitter (TWTR), which is up over 25%.
Was there any news? Any material changes to the company?
Well, one thing you’ll find interesting…
Everyone’s favorite billionaire serial entrepreneur — Elon Musk — just became …
SPY Chart
The S&P put in a final stop-run this week. We’ve been keying off the 454-457 zone and expecting some selling to come back in…
But it's rarely a "clean" level to work with.
Instead, we see a …
I have a very robust network of investors and traders I talk to…
And everyone’s minds’ are stuck on the same topic:
Whether or not the Fed’s stuck on the wrong foot.
Here’s the basic idea:
After 2020’s bear market, …
After a quiet 2021, the market finally saw a hard reset in risk assets.
In hindsight, we know what drove this move:
Continually sticky inflation numbers are forcing central banks to adjust their expectations on future interest rate actions, leading …
Stock Chart
Finding a takeover target is one of the most difficult games to play on Wall Street.
You've got to think about each company’s strategy, who’s willing to be acquired…
And then evaluate if the stock’s trading at a …
SPY Chart
Last week, I wrote the following:
“It’s possible the past two months have churned and chopped enough weak hands out of the market…
And boy, the market sure loves to rip higher with fewer participants …