The story of 2023 has been the stock market’s unwillingness to take Federal Reserve Chairman Jerome Powell at his word. Since the start of the year, the S&P 500 is up about 8.1% (which is effectively the annualized return of the market since the 1930s). Shares...
Momentum went positive on January 6. And if you followed that signal and just bought the S&P 500, and you’d be up 7% right now. Buy a broke stock trading at 10 times sales in Chargepoint (CHPT) and you’d be up 46.5%. Do you think this will end well for the people...
Yesterday’s market rally punched shorts incredibly hard in the face. It was such a decisive knockout that it will be hard for most of them to recover in 2023. The AXS Short Innovation Daily ETF (SARK) – an inverse fund that bets against the stocks of Cathie Wood and...
Dear Reader, Right now, the markets are under extreme pressure. Energy stocks broke down first this afternoon. Now, I’m looking for biotech to sell… and then… the large banks. It could be a very ugly week for Bank of America (BAC), JPMorgan Chase (JPM), and Citigroup...
Dear Reader, Good news… We can’t be in a recession ever again. Our moral betters have decided it. If you see economic data clearly pointing to an economic slowdown, you’re not a “serious economist.” We now live in a world that rivals Alice in Wonderland… or even...
![Avoid These Bank Stocks Right Now [URGENT]](https://wealthpress.com/wp-content/uploads/2023/02/AdobeStock_286621283-1080x675.jpeg)
