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Stephen Guilfoyle in his Market Recon is seeking confirmation of the market's direction, is stunned by the huge build in inventory, comments on the lousy durable goods numbers, is concerned about the strengthening of the U.S. dollar, and casts a wary eye at the narrowing spread in Treasuries...MSFT
We're long silver from $22.81. Gold is up. Read more to see why I think both Gold and Silver are poised for a major move up and check out our PTs.
Stephen Guilfoyle in his Market Recon column urges investors to be on the look, explores less-than-average market averages, says not to blame Treasuries for the poor market action, looks at the rough week for semiconductor stocks and delves into the poor performance of Peloton Interactive (PTON)....NFLX
Plus, Ford and Rivian, and SoFi Technologies' national bank charter....XLE
Stephen Guilfoyle in his Market Recon column checks out Thursday's beatdown in tech stocks, the technical tightrope walked by the major indexes, the spread in Treasury notes, Federal Reserve members out in force to talk interest rates, and the start of earnings season with big banks....NET