Markets Rally On Friday, But Still Down For The Week

May 13, 2022 in Alpha City, Weekend Alpha

Good Evening: This was another dramatic and volatile week in markets. A higher-than-expected inflation reading on Wednesday spooked markets a bit, but an even bigger sell-off occurred on Thursday when the S&P 500 briefly dipped to lows below 3,860. Today, markets recovered with a strong rally that brough the VIX back below $30. At one point the index was up …

My Updated View Is Bearish

in Alpha City

Earnings season is in full swing. The character of the market has been volatile and choppy. It can be an overwhelming time with many companies reporting and plenty of new information. I wanted to drop a quick line to let our subscribers know about my evolving macro/market views and share a few points.    In today’s note I want to …