Weekly Updates

Earnings Update: Three Reasons This Miner is About to Shine

7.7% That was the headline CPI print this week that sent the Nasdaq soaring over 7% in a single day!  Granted, there were still some big numbers in the BLS’ report: Groceries were up 12.4%, energy commodities rose 19.3% while energy services popped 15.6%. Transportation services likewise were up 15.2% (almost certainly as a result …

Earnings Update: Three Reasons This Miner is About to Shine Read More »

Earnings Update: The End of The Line for This Market Leader?

Tis the season! I’m referring, of course, to the season when investors sit on the edge of their seats and await with bated breath the earnings reports of their favorite companies. Given that little has changed on the inflation–Fed–green energy fronts, I thought we could take a look at a couple big names’ earnings reports …

Earnings Update: The End of The Line for This Market Leader? Read More »

Pardoning an Industry

Something happened last week that sparked an explosion under a group of stocks in a widely beat down sector of the market. Single day rallies of 43%, 48%, and even 51%… Those kinds of moves would be noteworthy in any market environment — but given today’s big bad bear market they were, although largely unnoticed, huge. …

Pardoning an Industry Read More »

The State of Inflation

It was a really awkward political display. On Tuesday this week, the Biden administration threw what they called an “Inflation Reduction Party” to celebrate the passage of their most recent spending bill legislative victory — the Inflation Reduction Act.  I ran through the bill briefly here. Everyone was there. James Taylor even kicked the event …

The State of Inflation Read More »

When Monetary and Fiscal Policies Collide

California is nuts… On Aug. 25, the California Air Resources Board voted to ban the sale of gas-powered cars entirely by 2035… And it appears to be contagious… New York, Massachusetts, Vermont, Maine, Pennsylvania, Connecticut, Rhode Island, Washington, Oregon, New Jersey, Maryland, Delaware, Colorado, Minnesota, Nevada, Virginia, and New Mexico have all chosen to opt …

When Monetary and Fiscal Policies Collide Read More »