The 90 day tariff hiatus has led to a joyous bounce for stocks. We are now half way between the lows and the highs which is a nice balancing act. I sense there is no resistance for more upside til we hit the 200 day moving average for the S&P 500 (SPY – Get Rating) at 5,748. [...]
SPY – The phrase that paid for investors in 2025 was “Bull market til proven otherwise” Steve Reitmeister explains why in his latest market update and preview of top stock picks. I had a very mixed reaction when I heard Trump telling WalMart to “Eat the Tariffs”. The economist in me was upset that Trump refuses [...]
We are in the middle of April…in the middle of tariff negotiations putting the world economy on hold…in the middle of the range between the recent highs and recent lows for the S&P 500 (SPY – Get Rating). Not surprisingly my trading plan is in the middle at only 50% invested. Let’s discuss this balancing act and [...]
Another wild week for stocks. Another wild statement by Trump about Fed Chair Powell. Another confusing time to contemplate what happens next. But we will try our best in this week’s edition of the Reitmeister Total Return. (Plus be sure to see 2 new trades added in the Portfolio Update section further below.) Market Outlook [...]
Pfizer (PFE) has announced a major deal with 3SBio, in-licensing the global development and commercialization rights (excluding China) for SSGJ-707, a bispecific antibody targeting PD-1 and VEGF. This partnership marks a significant step in Pfizer’s oncology pipeline, expanding its efforts in immunotherapy for cancer treatments. SSGJ-707’s Potential in Cancer Treatment 3SBio has been developing SSGJ-707 [...]
There was a famous moment early in the second Gulf War where President George W. Bush stood on the deck of a Navy ship with a famous “Mission Accomplished” banner behind him. That was a premature celebration back in 2003 given the many years of difficulty that followed before the US packed up their bags. [...]
Harry Truman famously said that they should fire all the 2 handed economists. Meaning that he felt that as a group economists were too wishy-washy and just wanted ones who firmly believed in just one possible outcome. Meaning he hated the following type of conversation… “On the one hand this could cause a recession…yet on [...]
Most technicians would tell you that recent market activity is showing classic signs of capitulation. That being when the selling pressure of the market is flushed out in dramatic fashion giving rise to stocks in the days that follow. The vital thing that is never clear at first with a capitulation is whether it means [...]