Is there a Fed put or not?
One of the great sayings around the investing table is: Don’t fight the Fed. Since the Fed is in the midst of a tightening cycle, it would seem that not fighting the uptrend in rates makes good sense and investing to take that into account the wisest course of action. If we also take into […]
Dimon in the Rough
The market was doing quite well last week, and we opened the week with a pullback due to simple overbought positions on Tuesday. THEN comments by Jamie Dimon the Chairman of JP Morgan warning of the hurricane out there which had the same effect of the blunt force trauma to the side of the head. […]