by Lance Roberts | Jun 28, 2022 | alerts, Markets/Economy, Real Investment Advice
Earnings Recession Coming Was Originally Published At MarketWatch An earnings recession is coming as the Fed hikes rates which accelerates an economic recession. Such should be no surprise given earnings are derived from economic activity. However, despite economic...
by Lance Roberts | Jun 25, 2022 | alerts, Markets/Economy, Real Investment Advice
Market Review & Update Last week, we noted that previous support levels failed to hold as markets tumbled to new lows for the year. However, we also discussed the more extreme oversold conditions present on many levels, which suggested the potential for a rally...
by Lance Roberts | Jun 21, 2022 | alerts, Markets/Economy, Real Investment Advice, Uncategorized
An oil price and energy stock price reversion may be starting. The reason is that oil price reversions are the inevitable outcome of economic recessions. Of course, such is due to the previous price spikes that create demand destruction in the economy. The chart shows...
by Lance Roberts | Jun 18, 2022 | alerts, Markets/Economy, Real Investment Advice
Down Again, Another Tough Week As we noted in last week’s update: “Our concern was that the longer the market remained in a tight trading range, the risk of a failed rally increased. While there was certainly room for the market to break to the upside, the multiple...
by Lance Roberts | Jun 14, 2022 | alerts, Markets/Economy, Real Investment Advice
An “economic hurricane” is coming. That ominous warning comes from Jamie Dimon, CEO of J.P. Morgan Chase. “I said there were storm clouds. But I’m going to change it. It’s a hurricane. Right now it’s kind of sunny, things are doing fine, and everyone thinks the Fed...
by Lance Roberts | Jun 11, 2022 | alerts, Markets/Economy, Real Investment Advice
Rally Fails Last week, we discussed how the reflexive rally that started mid-May ran into resistance at the first levels from the recent low. To wit: “While the market did clear the 20-dma, the “trapped longs” headed to the exits at the initial 38.2% Fibonacci...
