Convoluted analysis. Since the data as it stands does not bode well for the month of May, the recession is magically declared over and new calculations are made, in order to justify higher stock prices. Then June is logically determined to move higher, since that is what it does after a post-recession higher May move. Further, since the first two days of May were up days, a record breaking month of May is the logical next step. Please. The first two MINUTES of May are probably at least as valid as the first two days in forecasting the entire month of May.
Rating the Top 12 U.S. Banks - From Hidden Gems to Zombies [View article]
While I frequently enjoy this author's articles, a comment on today's remarks. Ranking the attractiveness of those banks is like ranking the attractiveness of small pox vs. leukemia vs. typhoid fever vs. cardiac arrest vs. Bubonic Plague. In my opinion.
Stress Test Results Are Out - Leaks Were Right [View article]
Sell in May? No Way! [View article]
Why This Rally Is Unsustainable [View article]
S&P 500 Watch: March 'Winners' Are Actually the Biggest Losers [View article]
Rating the Top 12 U.S. Banks - From Hidden Gems to Zombies [View article]
Rating the Top 12 U.S. Banks - From Hidden Gems to Zombies [View article]