Market Commentary Blog Posts

Gold bars
March 5, 2024 by Matt McCracken
I just have to pose the question, what is the world is going on with the stock price of precious metal miners? Gold just closed at an all-time and, more importantly, it just completed the confirmation of a bullish “Head and Shoulders Pattern” and...Read more
July 14, 2023 by Matt McCracken
The news is reporting that orange production this year will come in at its lowest levels since 1937. Weather and climate change are blamed for the acute shortage this year as two nasty freezes hit Florida crops this past winter. The bigger issue...Read more
March 16, 2023 by Matt McCracken
He who loves money will not be satisfied with money... - Ecclesiastes 5:10 - (For full disclosure, our long/short strategy is currently short USB and LNC. We may increase or decrease these positions or positions correlated to these two securities at...Read more
Nuclear reactors
December 16, 2022 by Matt McCracken
Disclosure: We are currently long CCJ and looking to buy other securities in the Uranium space. This article is not a solicitation or recommendation to buy any security and does not provide sufficient support for an investor to make a decision on...Read more
Bitcoin coin
November 9, 2022 by Matt McCracken
Yesterday, bitcoin fell below a strong support level established over the last several months of trading. And today, it continued to fall below support and close well below it. Thus Bitcoin has now confirmed a bearish move in price. Market...Read more
Go Speed Racer, Go.
October 14, 2022 by Matt McCracken
After a "historic" turnaround yesterday, where the S&P 500 gained over 5% from its lows, the stock market gave back nearly all those gains today. From top to bottom, the S&P 500 fell 3.6% today. The market volatility has reached asinine...Read more
Go Speed Racer
October 13, 2022 by Matt McCracken
Stock market pundits often quote 8 - 10% as the average annual historical gains in the stock market. Thus, the stock market jumped over half of one's year average annual gains in a single day. That is all.Read more
Alfred E Nueman shrug
September 29, 2022 by Matt McCracken
Over the past few weeks, I have found myself telling concerned clients and friends, "If you ain't scared, you ain't paying attention." The volatility in the stock market has become nauseating. This year, there have been six declines of 10% or more...Read more
Speed racer cartoon
September 7, 2022 by Matt McCracken
Starting with QE in 2010, the stock market started to see a series of incredibly quick V-bottoms. While bottoms were violent affairs in which losses were quickly recovered, tops were gradual, slow-moving events. But that has all changed in this...Read more
Iron Mike Tyson
May 20, 2022 by Matt McCracken
- Everyone has a plan until they get punched in the mouth - Mike Tyson Capital markets are doing their best "Iron Mike" impersonation by punching equities right in the mouth. The S&P 500 has now joined the NASDAQ and long-term US Treasuries in...Read more