by pentoport | Mar 9, 2020 | Commentary
March 9, 2020 Wall Street hit a new all-time high on February 20th. It was supposed to be smooth sailing from there, riding along the global liquidity wave. But then, that wave crashed into what turned out to be the fastest correction from a new high in the history of...
by pentoport | Feb 25, 2020 | Commentary
February 25th 2020 In Fed Chair Jerome Powell’s appearance before Congress on February 11th, formerly known as The Humphrey-Hawkins testimony, he asserted that the U.S. economy was, “In a very good place” and “There’s nothing about this...
by pentoport | Feb 10, 2020 | Commentary
February 10, 2020 A few days ago, the market was crashing on Coronavirus fears. But recently, the market has soared back based upon the hopes of a vaccine and some better than expected economic data in the US. The ADP January employment report showed that a net 291k...
by pentoport | Jan 28, 2020 | Commentary
January 28th, 2020 There are a handful of stocks in which institutions and individual investors have recently piled into. This behavior is emblematic of all bull markets once they begin to hit the manic phase. Wall Street falls in love with a few high-growth darlings...
by pentoport | Jan 21, 2020 | Commentary
January 21, 2020 Share prices on the major US exchanges are hitting all-time highs at the same time that both the number and percentage of companies that do not make any money at all are rising. According to the Wall Street Journal, the percentage of publicly-traded...
