Click on the link below to read our thoughts. 4th Quater 2022 Outlook
2022 4th Quarter Outlook
Morning Update
Friends It’s already been a wild day for stocks. I am going to be seeing a client this afternoon, but I wanted to touch base about the CPI number this morning. The month over month increase in prices at the retail level were hotter than expected and the year...
Hot PPI Number Doesn’t Help
Friends Today’s Producer Price Index remained stubbornly high coming in a little hotter than expected, which somewhat dims the hopes that tomorrow’s CPI report is going to be any better. Stocks at least were able to avoid any major selloff and remained mostly around the flatline most of...
Stocks Stumble At The Close
Friends Market participants are focused on this week’s inflation reports. We get the Producer Price Index on Wednesday which measures price at the wholesale level, and then we get the Consumer Price Index on Thursday which measures prices on the retail level. The CPI number is the one...
Good Week Turns Sour
Friends The hopes and dreams of the bulls were dashed once again (so typical of a bear market), as todays employment numbers were too good. That’s right, good news is bad news. The Fed is not going to be backing off their fight against inflation any time soon. Those who...
Traders Worried About Tomorrow’s Jobs Number
Friends It appears that the bloom is already off the rose of Monday and Tuesday’s stock market rally. Maybe the bulls will surprise us tomorrow after the release of the non-farm payroll number, but it would be kind of important that they at least hold on to gains...
Stocks Limit The Damage
Friends Even though stocks finished lower for the trading session, it was a pretty good day for the bulls. No, nothing like Monday or Tuesday when stocks rocketed higher. But stocks plunged at the open only to reverse and move into positive territory before giving some back near the...
Stocks Soar Again
Friends Well, where did this come from? The bulls crossed the 3rd quarter finish line with their tails between their legs, sentiment was atrocious and support levels had been violated. But a little bad news is good news type of action, and we see two of the best trading days...
Off To A Good Start At Least
Friends The 3rd quarter ended in such an awful fashion, it was refreshing to see stocks go up on this first day of the 4th quarter, even if it’s only for a day. Traders may be thinking that financial disruptions around the globe might begin to get central banks to soften...
