23rd of June 2021 Days pass, different feelings pass, notices come and go. The only constant is the attention that the market pays to Powell’s words, the guy has to be super-careful about what he says, because he currently has the power to make or break fortunes. To create bubbles or trigger crashes...
22nd of June 2021 As you probably know, I’ve been writing this column for more than 15 years now, and long before I started writing, I had already seen a lot of stupid markets, but I believe that in 2021, we are reaching new heights in terms of stupidity. Yes, I could have said..
21st of June 2021 Last week we could only wait for the end of the FOMC Meeting. After the FOMC Meeting we wondered if the fact that the FED was going to raise rates twice in 2023 would change anything in our tortured investor minds. And then on Friday, one of Powell’s henchmen, the man..
18th of June 2021 Yesterday’s session was placed under the sign of transformation. We all know that with willpower, motivation and a lot of effort, we can do what we want with our lives. There is no lack of quotes on motivation. For example, yesterday I came across a quote that said “I don’t..
17th of June 2021 There, there, there. We came, we saw and we conquered. And now with last night’s FED announcements, we’ve got all our trades in place through 2023. All we have to do is go on vacation for the next 24 months and we’ll see you at the May 2023 FED meeting,..
16th of June 2021 To be honest with you, I could repeat almost the same column as yesterday and I would not be far from the truth. We’re still waiting for the FED’s announcements, but that’s nothing new. We knew that they would come to speak on Wednesday night and not before, but since..
15th of June 2021 The best summary of the day would be to say that the focus has been on the FED meeting that starts today and ends tomorrow. Which is interesting, because other than waiting for Wednesday night for news, we don’t have much else to do. No, because as far as I..
14th of June 2021 So the S&P500 ended its week at an all-time high. A delight for technical analysts who like to have weekly closes at all-time highs, which further reinforces the underlying trend that is definitely bullish and that nobody dares to question anymore; not even inflation. However, the real action is no..
10th of June 2021 Something is changing. I don’t know if it will last or if it’s the beginning of the end, but something is changing. Basically, what’s happening right now is absolutely terrifying, but at the same time, whenever you have to “change” something in your life, it’s scary. And then it settles..
9th of June 2021 The indexes continue to play with the records, we are not really beating them, but we are not getting away from them either. Admittedly, for the past few days we’ve been stuck in glue and at times I feel like a fly struggling while trapped in one of those sticky,..