FAST FIVE: Stocks Surge As Earnings Roll-In, But Is Risk Gone?

Our concern is that while the expected rally from support occurred, there has been very little “conviction” to that advance. Extremely long periods above the 200-dma have often preceded larger drawdowns. For an “average” to exist, the market must trade both above and below that “average price” at some point. Another measure is the P/E to Read more…

FAST FIVE: Physicians & The Vaccine Tyranny

Doctors need to be called out.  From early in the pandemic, it was like a mass hypnosis or forgetfulness of everything we had learned in medical school.  Immune system knowledge was shelved and replaced by government dictates.  The thought of early outpatient treatment with “off label” drugs that could modulate Read more…