NYSE:SPY

(Please enjoy this updated version of my weekly commentary published September 26th, 2022 from the POWR Growth newsletter). As usual, we will start by reviewing the past week… Here is an hourly, 3-week chart of the S&P 500 (SPY):…
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So many traders and investors are always looking to get rich quick without any effort. Most never find it. They simply shuttle from one guaranteed get rich quick scheme to the next in the eternal quest for gold. Ultimately, they always…
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The world is moving faster by the day. Not just technological change…but the speed in which industry peers find ways to beat their competitors. This makes buy and hold investing more difficult than ever as stocks that once looked…
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Stocks have nicely bounced from recent bottom. The key ingredient being the lowering of bond rates that was starting to crush the soul of stock investors. Not only have we found bottom, but the S&P 500 (SPY) is back above key…
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May has been a resounding positive for stocks as they rebounded with gusto from April weakness to make new all time highs just above 5,300 for the S&P 500 (SPY). Since then, there have been some economic reports which show…
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We all know why the market is rallying. Dovish tilt by the Fed solidifies the likelihood for a soft landing before they lower rates and economy picks up steam. That is about as bullish of a recipe as you can have. With that stocks are…
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Stocks bolted to new all time highs last week thanks to better than expected CPI inflation data. With that bond rates fell and the S&P 500 (SPY) made new highs just above 5,300. Now investors are treading water at the highs awaiting…
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As suspected, the market is not ready to make new highs above 4,796 for the S&P 500 (SPY). That was quite evident Thursday as stocks jumped out of bed in the morning to touch those previous highs only to find stubborn resistance…
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High inflation refuses to “go quietly into the night”. Instead, the most recent CPI report was too hot which greatly downgraded the odds of a rate cut coming in June or July. With that bond rates went higher on Wednesday and stock…
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The movement of the stock market the last several months has been clearly tied to the story of high inflation and when the Fed looks ready to start lowering rates. The dovish tilt from the Fed on November 1st sparked a 6 month rally to…
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