Huge Layoffs in TechWow, the list of layoffs in technology is long and the number are large, to say the least.Google: 12,000Amazon: 18,000Microsoft: 10,000Meta: 11,000Stocks since the beginning of the year? Only Microsoft is underperforming the S&P 500. Google,...
One Of The Craziest Days EverThursday was beyond crazy. If you are bullish, and you used this as ‘evidence’ of anything, then you are likely sorely mistaken.Want $100 for free? I will send you $100 if you can cut and paste the correct description of what occurred as...
Rotten AAPLI don’t think this is the apple a day your doctor ordered.This is AAPL in blue, versus QQQ (Nasdaq 100) and SPY (S&P 500). This is what happens when the structure of an index is based on the market capitalization. It explains why people have believed...
Quad Witching Is HereQuad Witching is the third Friday of March, June, September, and December. That would be tomorrow (and tomorrow and tomorrow, see what I did there?). It’s the day that the four largest sets of derivative contracts expires, all on the same day. The...
I Edited Out The Prep TimeJob Creation of 528K, Way Above Any EstimatesHousehold Debt Increases AgainFed Governors Jawboning: It Took Til FridayEquities Plunged, RecoveredClick here or on the image to watch!Jae's Corner: Uncommon Financial Insight is a...
Did You Adjust? Did You Need To?Note that this is STILL not financial advice, nor is it a recommendation. There are a ton of other important pieces of information that would’ve been required, and even then, the outcome wouldn’t have been certain.If you were wildly...
Oh MyQQQ on June 15: 269.28QQQ as of this writing: 303.84, which is 12.8% HIGHER IN A MONTHFacebook on June 15: 154.25Facebook now: 182..00, which is 17.9% HIGHER IN A MONTHWanna Understand What In The World Is Going On?Put yourself in a portfolio manager’s shoes. You...
Banks and Semi MUCH HigherWhen markets scream higher, you can see banks and semiconductors much higher (not financial advice). Simple, possible explanation? How about this? Watch on Jae’s Corner: click here.Jae's Corner: Uncommon Financial Insight is a...
Never A Sure ThingThe reason I have to continue to repeat? It is ingrained that someone will talk for 20 minutes about how “growth stocks have already been sold enough,” or “at 25% lower, WMT/TGT are buys,” etc.
We Have Been Here Before, Last YearThis episode changed the dynamic, the setup began to change. Indices ignored it. Not anymore. We are here again. And this time, the world is far more uncertain than it was a year ago.
That money is now gone so the question is: is your overall setup and forecast of your financial future different? See my prior entries on the sequence risk etc. Lower tomorrow is almost a slam-dunk certainty (market is closed now), as Google and Microsoft failed to...
Markets Stabilize, But JPM CEO Isn’t ConvincedNot financial advice, dyor. That said, when Jamie talks….