Wall Street likes to throw around a lot of terms as they attempt to form a narrative for their clients. Often times the narrative begins to shape the analysis done by those firms. For instance, I mentioned last week the forecasts for the top Wall Street firms. JPMorgan & BMO
I think most investors are relieved to put 2022 in the rear-view mirror. 2022 started with so much optimism from most market participants. The Federal Reserve threw cold water on the markets the second trading day of the year when they warned about the need to fight inflation. Both stocks
The year everything went wrong
A year ago we called 2021, “the year everything went right.” We discussed how all forces aligned to drive the stock market higher. The primary driver was $5 Trillion in stimulus from the government combined with another $5 Trillion of money poured into the Wall
Typically, this time of year we see a nice rally in the stock market, often called the "Santa Clause" Rally. Historically December has been the most often positive month of the year. There are many logical reasons for this, some of which have shifted over the years. The primary driver
During a bear market each countermove is closely examined. Our sensitivity is heightened because psychologically losses cause twice the emotional response as gains. Throughout the year we've warned about not being sucked into the inevitable bear market rallies. The 3rd quarter started with a huge rally in October with November