Tuesday, October 5, 2021

Commodities, Crypto and China Head Up This Week’s Long-Short Watchlist

The stock market rally finally suffered substantial losses Thursday as the 10-year Treasury yields continue to rise. So, do we find ourselves staring down the barrel of a broad stock market retreat or a sector rotation?

Commodities, Crypto and China Head Up This Week's Long-Short Watchlist

October 05, 2021

Just one day removed from "tape bombs" implying an imminent market implosion due to debt ceiling shenanigans, Tuesday's mainstream financial media headlines are cheering the rebound and trumpeting Goldman Sachs' forecast of a "big fourth quarter."

I'm just embarrassed for them.

I've spent the better part of my career trying to predict market behavior, and one thing that I've learned over the years is that you're going to be wrong from time to time.

There's nothing wrong with that… In fact, that process is specifically how we all get better at our jobs, no matter what they are.

But when an information source is wrong that often and that unapologetically, it's best just to kick it to the curb.

Which is exactly what we did in order to put together this week's watchlist…

Take a Peek

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How to Trade This Nonsense Debt Ceiling Debate

October 4, 2021

If you've never watched financial media before, you'd think the sky was falling. If you listen to me, however, you know that we can usually ignore those narratives.

Continue Reading

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