There’s a lot about markets we simply don’t and can’t know, especially about the future. So what I like to do is to focus on the things that we do know. Asset prices trend. Momentum is a thing. And humans…
A lot’s changed since the beginning of the year. We came into 2025 looking for a decline in the U.S. Dollar. Positioning suggested this was the most likely outcome, with speculators betting very aggressively on a rising Dollar. Commercial hedgers…
When everyone is piling into the stock market chasing returns, that’s usually a sign things are getting frothy and we’re likely due for some type of correction. To be clear, that is NOT what is currently happening. Retail investors are…
As traders and investors of any time horizon, what we’re doing in the market is exploiting the flaws of human behavior. That’s the game we’re playing. This isn’t about corporate fundamentals. And it’s not about the growth or slowdown of…
Happy Father’s Day! My Dad flew up from Miami to hang out with my wife and me and the kids “down the shore” in beautiful Avalon, New Jersey. It’s a great place. Clean, quiet, good eats, nice people, kid-friendly. What…
Crude Oil and Energy stocks are ripping higher this week. In the news, they might tell you it’s because of a war somewhere, or some kind of turmoil in the Middle East. As usual, I think everybody’s wrong. Some kind…
We said it a month ago – and now we’re saying it louder. Bitcoin Dominance has likely peaked. The rotation has already started. That means “Altseason” is underway. This is when all the “alternative” Cryptocurrencies outperform the behemoth that is…
Markets don’t move in straight lines. They rotate. Leadership passes from one asset to the next. And, if you’re not watching that rotation, you’re flying blind. One of my favorite ways to track a shift in real-time is with a…
My friend Ari Wald is a managing director and the head of technical analysis at Oppenheimer & Co. In my book, he’s one of the top technicians in the world today. I don’t say that about many people. But he’s…
Did you see Barron’s this weekend? Take a look at the line at the top of the cover: “The S&P 500 just hit 6,000. Start worrying.” Start worrying? Seriously? This is what the journalists are telling your parents’ financial advisors. …
