Morning Comment: Dallas/Dynasty/Yellowstone/Sucession


Over the Thanksgiving weekend, we ran into a couple who had moved away from New England several years ago, but were back visiting family. We were not close to them, but they are fabulous…people and for some reason I always remembered that the wife used to joke about how she knew that she and her husband were meant for each other very quickly after they met. When they were younger (before they even knew each other), they both loved the shows “Dallas” and “Dynasty”…and they spent hours talking about them on their first date.

When we saw them last weekend and began chatting, I thought about that story and asked them if they liked the shows, “Yellowstone” and Succession.” They both frowned and said they hated those shows. I thought that maybe they didn’t like the actors or something like that, but they said that they thought they were nothing like Dallas/Dynasty. Yes, they admitted that there was SOME similarities (rich families), but they said they were nothing like those old shows.

Maybe those shows meant so much to them that they never want to even consider that any other show could come close to those old classics. Whatever the reason, it shows that sometimes human beings just want to avoid the truth…and thus sometimes they ignore the obvious facts that are staring them right in the face…..For me, I think it is quite obvious that Yellowstone and Succession are almost exactly like Dallas and Dynasty, but I also understand that some people have subconscious reasons for not wanting to accept this reality. (Of course, who cares if they don’t want to see the obvious? This is a situation where it’s “no harm, no foul.”)

Anyway, the stock market saw a major reversal yesterday…as the S&P 500 closed 3% below ...

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Morning Comment: Don't Fight The Fed


Well, it looks like we need Emily Litella back today…so that she can say, “Never mind” once again. It looks like we’re going to see a fourth day in a row where the stock market moves in the exact opposite ...

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Morning Comment: As Emily Litella used to say, "Never mind."


Back in the early days of Saturday Night Live (when the show was actually called just, “Saturday Night”…which most people don’t know), the brilliant comedian, Gilda Radnar, did a repeating skit playing the character of Emily Litella. That’s right, before ...

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THE WEEKLY TOP 10......Bear market in 2022.

Since we have a number of new readers, we want to reiterate that we try to offer items from both sides of the bull/bear ledger each weekend. Therefore, some of our comments conflict with one another. However, we still give ...

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THE WEEKLY TOP 10


THE WEEKY TOP 10


THE WEEKLY TOP 10


Table of Contents:

1) The impact of “gamma” and “dynamic hedging” could indeed create a “melt-up” into year-end.

2) Great earnings season, but they are a long way from catching up to ...

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Morning Comment: Bitcoin drop (not a problem).....Potential FB breakout



We had relatively quiet day in the stock market yesterday, as the big three averages finished the day pretty much unchanged. We did, however, see a large move in the bond market. The yield on the U.S. 10yr Treasury note ...

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Morning Comment: Walmart & Target stand at key technical junctures.



The stock market took a little breather last week, but given how strong the rally was off the October lows, it was barely a blip on the radar screen. What does this mean? Is it telling us that the market ...

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Morning Comment: DIS is Breaking Support.....Thank You Veterans!

The stock market saw a bit of a pullback yesterday, but the decline came on average volume and breadth that was not all that bad. (Just 1.5 to 1 negative on the S&P 500 Index.) Therefore, it was not a ...

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Morning Comment: Nvidia (NVDA) is extremely overbought near-term.

The situation right now is ABSOLUTELY RIDICULOUS!!! No, we’re not talking about anything in the financial markets. We’re talking about college coaching. Right now, the is over $500 million in dead money for Division 1 college coaches. In other words, ...

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The Treasury Market is at a Key Juncture...With Inflation Data Coming This Week.



We have been away from the markets for a few days, but not a lot has changed in the stock market. It continues to rise in a steady fashion…as the bulls still have a tight hold of the reins. We ...

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Morning Comment: Charts on FB, GOOGL, and MSFT


We are headed into the meat of earnings season this week and the tech stocks will get most of the focus. We still believe that it will be very important to keep a close eye on several other groups…especially the ...

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THE WEEKLY TOP 10


We’d like to highlight something we haven’t mentioned in a while. In our weekly update each week, we frequently highlight issues that are in in direct conflict with one another. In other words, we sight things from both sides of ...

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