Category: Uncategorized
The Second American Industrialization
A few months back, I started about what I called the Second American Industrialization. The idea was that the whole process of deglobalization – de-coupling from China, breaking American companies supply chain dependence on an unfriendly country and re-shoring manufacturing to the U.S. and its neighbors – would bring about a new era of economic […]
My Charts Say: Take the Summer Off
We’ve already had a lot of excitement over the last few months. Mini-bank crisis, debt-ceiling, AI stocks broke out, the S&P 500 entered a new bull market, a Fed meeting came and went without a rate hike – maybe a little break from all that action would be a good thing.
Time to Lighten Up
So, as a kind of disclaimer, it is not my plan to talk about things I see on Twitter all the time. Because, Twitter is mostly a cesspool and very little of the content is worthy of even reading, much less repeating… BUT — some pearls do get strewn from time to time. Like this ad I saw this morning…
Saudi Cuts Won’t Change Oil Price
I guess we should all take a moment to express our sincere and profound gratitude to Saudi Arabia for finally bringing some “stability” to the global oil market. Because I really don’t know how we could have survived any more of those wild price swings between $70 and $80 a barrel – my head’s spinning just thinking about it…
Asleep At The Wheel?
With the fire sale purchase of First Republic Bank, JP Morgan’s (NYSE: JPM) CEO Jamie Dimon told the world that “This part of the crisis is over…The American banking system is extraordinarily sound.” Well. I know I feel better. Don’t you?
Moving the Goalposts
On February 2, I told you that a window of opportunity for stocks to move lower had opened. There were a couple reasons I thought that the bullish mood that carried the S&P 500 10% higher during the first month of 2023 might be souring.
Growth That Matters
We all like to see the stocks we invest in move higher over time. So we seek out companies that are growing, that sell more products from one year to the next. Because companies that sell more, well, that’s the best way to make sure you’re benefiting from the rising revenue and earnings that typically lead to higher stock prices.
The Case for Amazon
So today, I’m gonna make the case for Amazon (NASDAQ: AMZN). If you’ve been reading my thoughts on the end of globalization and the Second American Industrialization, then you’re aware that I do not want to own any stocks that have exposure to China (yes, that includes Apple). And I really want as little international exposure as I can manage, though I am not intractable on that point. There is some wiggle room…
Is the Bear Market Back?
The situation in the stock market seems to have taken a nasty turn. From its highs at 4,100 on Tuesday, the S&P 500 has peeled off 150, broken below both its 200-day (black line) and 50-day (purple line) moving averages…