The trend decisively remains up for this Market. It's been remarkable and quite surprising. Friday's price action reflects what's been going on for months. It opened lower, but quickly reversed higher to close out yet…
Mike FrazierAugust 21, 2020
It was another eventful week. I could probably rubber stamp that line. There really haven’t been any uneventful in 2020. The Market continues to digest so many ongoing issues and developments with remarkable buoyancy. Stocks…
Mike FrazierAugust 7, 2020
Well, you can see how the Tech Titans wanted to testify on Capitol Hill before they reported those spectacular Q2 numbers. They absolutely blew away earnings expectations. One can only imagine what they were thinking…
Mike FrazierJuly 31, 2020
The tone has changed for the Stock Market. A sell-the-news wave has returned. Tech is feeling it the most. It started with Microsoft on Wednesday. Intel got smoked Friday, despite a very solid double-beat on…
Mike FrazierJuly 24, 2020
I’m going to geek out on some Market data today, but stay with me. I really think you’ll find it fascinating. And don’t jump straight to the end. Some of the biggest up days for…
Mike FrazierJuly 17, 2020
It is Summer in the northern hemisphere. Under normal circumstances, people would be hitting the road or catching a plane for vacation. It will be less so this Summer. 2020 is not normal. The northern…
Mike FrazierJuly 10, 2020
America is on the road. But is it on the road to economic recovery or a pandemic relapse? This is not a post-pandemic stage, we are still within the pandemic as the virus continues to…
Mike FrazierJune 26, 2020
What a week. Nothing should come as a surprise anymore; This is the year 2020. Between the Bolton book leak, the spiking virus cases, 20 Million Americans still unemployed, Juneteenth and the fact that Major…
Mike FrazierJune 19, 2020
The broad based rally ran into a wall Thursday. In just one day, the S&P 500 went from 96% of its constituents above their 50 Day Moving Average to 80%. That is still a large…
Mike FrazierJune 12, 2020
Wow. Just Wow. This relentless rally from the Market abyss in March has been one for the ages. The crash lower to start the year has been followed by a crash upward as the calendar…
Mike FrazierJune 5, 2020
There's something happening here. But what it is ain't exactly clear There's a man with a gun over there Telling us, We got to beware I think it's time we stop Children, what's that sound?…
Mike FrazierMay 29, 2020
