Friends   We got another horrific weekly jobless claims number, but that was certainly expected. What was not expected was that the Federal Reserve found another kitchen sink to throw at the situation. Previously, the Fed committed billions, if not trillions of...

Friends Stocks tacked on another round of healthy gains at the open this morning, but as the trading session wore on, the bulls seemed to run out of firepower. Some of the stocks that had been leading the way in the recent advance began to see a little “profit”...

Friends   Stocks rallied as hopes that we actually might be flattening out the virus curve superseded the reality that the economic damage, however this plays out, is going to be severe. The stock market moving on emotion is certainly not a new concept. We saw...

Friends We knew we were going to see a terrible jobs number this morning and that's exactly what we saw. We lost more than 700,000 jobs in March, and of course we know that number is going to climb quite a bit. The numbers really are just mind numbing at the moment,...

Friends The President was busy today, first trying to work the Saudis and the Russians into an oil production decrease, then he enacted the Defense Production Act forcing GE and 5 other companies to produce ventilators. Of course the big news this mornings was the...

Friends It was a very ugly start to the new quarter. I wish it was an April Fool's joke. Unfortunately, it appears that with headlines getting worse and worse, we are likely destined to test the lows we saw a couple of weeks ago. I've mentioned, that to find some...