Yearly Archives: 2022

#CKStrong Remember the 2000 Super Bowl at the peak of the dot.com mania, where newly minted dot.com companies spent most of their entire IPO proceeds to buy Super Bowl commercials to generate “eyeballs” to their websites to drive their stock … Continue reading →

#CKStrong A prop bet – or proposition bet – is a wager that doesn’t necessarily correlate with the outcome of the championship game. Instead of betting on wins and losses, total score or point spread, you would bet on things … Continue reading →

#CK Strong The CPI came in hot, hot, hot for January at 0.6 percent, exceeding expectations. Yet the Fed is still pumping, adding a total of $123 billion into the economy in 2022, which should end soon. What the heck? … Continue reading →

#CKStrong It’s all relative, folks. Thus far in the new year, there have been 25 trading days, of which six days have had moves on an absolute basis of over 1.5 percent (both positive and negative). During 2021 the average … Continue reading →

#CKStrong Wow, wild swings. We wrote on January 6th, Will the current sell-off morph into a Wiley E. Coyote moment and drive stocks over a cliff allowing them to fall to fair value, which, for most, is much lower?  We seriously … Continue reading →

#CKStrong QOTD = Quote of the Day …the Fed continues to ladle out the punch, even though the party is turning into an orgy. – Martin Wolf, “The Fed Is Too Late To Remove The Punchbowl,” FT

#CKStrong The market made a valiant effort to recapture the S&P’s 200-day today but failed and couldn’t hold its early gains.

#CKStrong Recapturing the 200-day at 4432.62 (+1.9%) relatively soon a must for Bulls to hold the line here.

#CKStrong S&P has some work to do. Today’s low a must hold. Today’s high at 4417.35 most likely taken out in the morning, a January close above the December low at 4495 usually a necessary condition for a positive year. … Continue reading →