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The Times They are a Changin’

Zen and the Art of Coronavirus Survival

Two by Two

While Covid-19, or the coronavirus, is not a stomach bug it certainly seems to be making the markets nauseous.  This week’s daily price movement brought back memories of 2008.  Each day this week the S&P 500 either moved greater than 4% or had a range between its high and low greater than 4%.  Implausibly, at current writing, the index is down just .12% for the week.  Does any of this

Ay Corona

What Goes Up Must Come Down

The market continued its relentless March higher this week.  The narrative is that the coronavirus is a short-term negative variable and that it won’t survive the summer.  Meanwhile the United States Federal Reserve is injecting about $50 billion per week into the banking sector as part of their overnight repo operations through 3/12.  They plan to release a new schedule on 3/12 and continue these operati

To say that the stock market has been on a tear lately would be a bit of an understatement.  Since October 1^st of last year the S&P 500 is up over 14% and the Nasdaq 100 index is up an impressive 24%!  Additionally, in the past 90 days, the Nasdaq 100 index has finished higher 60 of those days.  The 67% win streak for the tech index is far higher than the nearly coin flip a

As morning broke Monday, with the Super Bowl finish only hours old, the real “answers” started to pour in.  Did Patrick Mahomes and the Chiefs win the game or did Kyle Shanahan and quarterback Jimmy Garoppolo lose it.  It is nearly impossible in today’s television era to simply enjoy a contest.  No, we aren’t content unless we can assign blame.  Sure, we all like heroes, but a real goat i

Last week Intel Corporation reported quarterly earnings that surpassed expectations.  The stock rose 8% to close at $68.47 per share.  On CNBC that day, the commentators were discussing about whether Intel stock would soon be back to its all-time highs.  Most thought that it was just a matter of time before it recovered its highwater mark of $74.87.  Hardly a noteworthy matter you may thi