With Core CPI coming in marginally above expectations (0.1%), all hope for a 50-basis point cut at the September meeting has all but evaporated. But the market’s are still on track to bottom within the next week. Likely on or around Fed day next Wednesday.
Daily Briefing: Small uptick in core CPI sparks next leg lower Read Post »
The near-term rebound is almost over, but will tomorrow’s CPI data save the market for another leg lower?
Daily Briefing: with the rebound nearly concluded, can CPI save the market? Read Post »
With Apple’s new AI powered iPhone 16 set to be launched today, and with the markets having reached deeply oversold conditions on Friday, we’re due for a big bounce. But how long will it last and are we getting any closer to a final bottom in the markets?
Daily Briefing: Apple iPhone 16 & the Short-Term rebound Ahead Read Post »
The NASDAQ-100 is down 7.7% from is highs 11-days ago. A double-correction is now underway. When will it end and how do we protect ourselves against it?
double-correction: where’s the bottom & how to navigate the Turmoil Read Post »
We bought positions in both the September 4 SW Common Stock Portfolio and in the September 4 Options Portfolio.
Trade Alerts: Sep 6, 2024 Read Post »
Market is now the grips of a full-blown double-correction. AVGO reported sound earnings and the employment came in as expected. But when the market enters a corrections, nothing will stop the bleeding until the market is oversold.
Daily Briefing: Double market correction Underway Read Post »
With Nvidia (NVDA) having reached extremely oversold conditions, Broadcom can begin the reversal process by delivering solid results. Employment report today adds to that.
Daily Briefing: Broadcom Earnings & the employment report Read Post »
Nvidia (NVDA) reached a rare buy point at $104 a share today. While we may see a retest, the price is now attractive enough to buy at least at least an initial entry. We bought a little more than half of our targeted allocation.
Daily Briefing: Nvidia (NVDA) reaches buying opportunity Read Post »
This post outlines how to approach our website and the best way to leverage our content to your advantage. We’ll update this post periodically overtime.
How to get the most out of Sam Weiss Read Post »
NASDAQ-100 getting dangerously close to transitioning into a double-correction. NVIDA hits a second instance of oversold conditions and nearing a buying opportunity. S&P 500 rejected off of its all-time highs.
Daily Briefing: Nvidia oversold, pull-back extends to 4% Read Post »