This week saw the major equity averages continue a confirmed pullback phase, with some of the biggest gainers in the first half of 2024 logging some major losses. Is this one of the

Major equity indexes rose on Friday after a selloff that hit the Technology sector especially hard. But this doesn't necessarily mean that everything is OK going into next week. Wall Street seems to

Flying FinancialsIn the recent sector rotation, basically OUT of technology and INTO anything else, Financials and Real-Estate led the relative move.On the RRG above, I have highlighted the (daily) tail for XLF to

This is going to be one of the most interesting quarters in recent memory. The Fed has got to choose its poison. Do they stand pat once again next week, leaving

Federal Reserve Board officials Governor Waller, Vice Chair Brainard, and Chair Powell at a meeting to discuss economic transitions. 2022. Federal Reserve officials have been hoping for evidence that inflation is returning to target. The

After a big run this year, Nvidia (NVDA) fell over 15% from its high and broke its 50-day simple moving average (SMA). On the face of it, a break below this "key" moving

Cartoon from Puck magazine depicts a railroad lobbyist pulling the strings of puppet politicians. 1902. Whenever financial assistance or opportunities for achieving favorable gains are present, rent-seeking often follows. Rent-seeking, as conveyed by Robert Tollison

Headquarters of the Bank of England and the Royal Exchange in London. 2023. In recent years, the resurgence of inflation in the United States and other advanced economies has brought a revival of

In late June, Gilead Sciences (GILD) stock surged following positive results of a late-stage trial for its latest HIV drug. The big market buzz was that Gilead was on the verge of something huge,

Wednesday's price action in the stock market indicated that fear is back. The Cboe Volatility Index ($VIX) closed up by over 22%, the biggest percentage move for the year. There's a chance volatility