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MorningWord 3/25/20: The Matrix Has You

March 25, 2020

Yesterday was the single largest percentage gain for the Dow Jones Industrial Average since 1933, up 11.3%, while the S&P 500 (SPX) gained 9.3%. Truly Astounding. This is what my watch list looked like…Are we …

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MorningWord 3/24/20: Give Me a One-Handed Epidemieconomist

March 24, 2020

So the Goldman Sachs folks are chirping in their old crony, current Treasury Secretary Steve Mnuchin’s ear about re-opening the economy before we have any clarity on when coronavirus cases might peak in the U.S.: …

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MorningWord 3/23/20: Where Is My Mind?

March 23, 2020

“Trust me, everything is going to fine..” These coronavirus pres-conferences have one job, instill confidence in the government’s response at the same time giving useful information to scared citizens, they are failing at that, and …

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MorningWord 3/20/20: The Bailouts Will Continue Until Capitalism Improves

March 20, 2020

Last night while I was on CNBC’s Fast Money, as we were talking about the potential capital needs of Boeing (BA) and the market rumors that they were seeking a financial lifeline from the government, …

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MorningWord 3/19/20: Stay In Your Lane Bro

March 19, 2020

Yesterday on CNBC I was asked to opine on an interview that my good friend Scott Wapner, the host of their Halftime Report conducted earlier in the day with Billionaire Investor Bill Ackman of Pershing …

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MorningWord 3/18/20: This Is NOT The End

March 18, 2020

Today is my 20 year wedding anniversary. For lots of reasons, I don’t have a hard time remembering how many years I have been married, largely cause of the nice round number of the year …

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MorningWord 3/17/20: Lowest Stock Market In Recent History, By Far!

March 17, 2020

Aside from the social distancing that we are all practicing to avoid the spread of the coronavirus, my good friend and long time writing partner CC Lagator yesterday remarked that my morning missive (He has …

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MorningWord 3/16/20: “He has no idea… no idea what it is like out there… They Know Nothing”

March 16, 2020

I used to write daily running commentary on this site. I stopped after the 2016 presidential election. As the kids say, I just can’t anymore. Since then, I infrequently Tweet, I am not on Facebook …

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Pride Goeth Before the Fall – SPY

February 19, 2020

The S&P 500 (SPX) is trading at new all-time highs as I write, up 5% on the year and up 5.5% from the late January panic about the potential adverse effects of the coronavirus then …

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New Highs to Run Dry in the SPY

January 21, 2020

I am going to make this really easy, make a near term bearish case for the S&P 500 with pictures. First, the SPY, the ETF that tracks the S&P 500 Index is up 10% in …

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Trade Ideas
  • In The Money with Fidelity Investments: SPX, AMD, DE, XLE
    In The Money with Fidelity Investments: SPX, AMD, DE, XLE April 8, 2021
  • In The Money with Fidelity Investments: SPX, NDX, PFE, AAPL, XLI
    In The Money with Fidelity Investments: SPX, NDX, PFE, AAPL, XLI April 1, 2021
  • In The Money with Fidelity Investments: TSLA, MCD, XLI
    In The Money with Fidelity Investments: TSLA, MCD, XLI March 17, 2021
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