Weighing the Week Ahead: A Volatility Cocktail!

This week brings the makings of an explosive volatility cocktail: Important economic data; Key Q1 earnings reports; Options expiration; A short trading week; and An edgy market environment. This is a very unusual combination, and the various elements will compete for attention. Prior Theme Recap Last week I expected the theme to test the divergence […]

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Weighing the Week Ahead: Fluff or Fundamentals?

Sometimes markets emphasize simple themes, rejecting even modest efforts at nuance. The current big stories are the record highs in stocks, the length of time since the last significant correction, and the “market is rigged” meme. These themes are all easily grasped and interesting media fodder. It has set the agenda. Meanwhile, the economy seems […]

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Fancy Footwork and Confirmation Bias

Yesterday I wrote about sources that simply dropped an indicator when it no longer fit the pre-conceived thesis. Sometimes it is even more blatant dramatic. Some sources simply engage in fancy footwork, reversing their rationale, confident that their uncritical followers will not notice or care. TODAY I always read MarketWatch. In the midst of many […]

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