Friends   Stocks tried to push lower after yesterday’s selloff in response to the Fed Chair’s testimony before Congress, but the sellers seemed to run out of gas as the trading session wore on. Regardless, Friday’s job number and next week’s inflation data will set...

Friends   “they stab it with their steely knives, but they just can’t kill the beast.” Eagles sang that line during the song Hotel California back in the day. It can be applied to the Fed and the economy today. Fed Chair Powell and his colleagues have been raising...

Friends It’s going to be a very busy next couple of weeks in the markets and ahead of it all stocks were pretty quiet today. Tomorrow the Fed Chair will be testifying before the Senate Banking Committee. Later in the week we get a very important non-farm payroll...

Friends   On my way home, and I see that the bulls were able to lessen the damage from last week and deliver a couple of good days for stock prices to close out this week. Sentiment is still dreadful, and the Fed still looms as a problem for the bulls, so as we...