JPMorgan’s Bearish Strategist Departs: Key Predictions
Wall Street’s biggest bear, Chief Market Strategist Marko Kolanovic, is leaving JPMorgan Chase & Co. after 19 years with the bank, as reported by Bloomberg News. According to internal memos from JPMorgan, Kolanovic is departing to explore new opportunities. His exit follows a two-year period of disappointing market calls where he remained bullish as stocks […]
S&P 500 Pullback Delayed? LPL on Earnings Season Impact
The S&P 500 closed at a record high on Tuesday, buoyed by optimism about the upcoming earnings season. According to LPL Financial, the season should be “solid,” but expecting growth estimates to rise for the second half of 2024 might be “a lot to ask.” Jeff Buchbinder, chief equity strategist at LPL Financial, stated that […]
Unmasking Inflation: Demand, Not Supply
A recent research paper argues that the primary driver of post-pandemic inflation in both the U.S. and Europe was demand, not supply. At the European Central Bank’s annual gathering in Sintra, Portugal, economists Domenico Giannone of the International Monetary Fund and Giorgio Primiceri of Northwestern University challenged the prevailing view that supply-chain disruptions were the […]
Rocky Road Ahead? Last Week’s Alarming Stock Signal
After a 14.5% rise in the first half of the year, S&P 500 futures suggest a challenging start to the second half of 2024, says Michael Kramer, founder of Mott Capital Management. Kramer points to a cautious start in July, following a concerning end to June that makes stock susceptible to a pullback. He highlights […]
Bond Markets Prepare for Deficits with Trump or Biden
One likely outcome of the lack of budget restraint from either Biden or Trump is a higher frequency of ‘pretty weak’ Treasury auctions, a strategist says. A key takeaway from Thursday night’s debate between President Joe Biden and his Republican challenger Donald Trump is that the U.S. faces little prospect of fiscal restraint, regardless of […]
Day Trading Done Right: Shorting with Roadmap Software
Hello Traders! It’s Friday, and like many of you, I’m eager to wrap up the week early. Today, I’m excited to share a quick, four-minute video showcasing the power of the Roadmap proprietary software from Day Trade to Win. Before we dive in, please remember that trading is risky. Never trade with funds you cannot […]
