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The Nvidia driven rally on Thursday saw some follow through on Friday with big gains in the stock indices across the board as a debt deal in DC appeared closer. Bonds were up as well to make it a sweep for the bulls in the TSP Funds. The Dow gained 329-points while the Nasdaq led the way again with a gain of over 2%. With a debt deal nearly done, will stocks continue to move higher this week, or will we get a "sell the news" reaction?

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Is the Fed our friend? Or are their actions hurting more than helping?


The Federal Reserve is using short-term interest rates to lower inflation, but their method is inadvertently increasing the cost of housing. Not only have they turned themselves into a source of inflation, but their aggressiveness could push the housing market over the edge.

The easy money, low-interest rate, and broken supply chain environment that followed the initial shock of ...

A rally in tech stocks and optimism for a debt-ceiling deal over the weekend saved U.S. stocks from weekly losses. The S&P 500 spent most of the week in negative territory after a flat Monday and nearly 2% in losses over the next two days. The early losses were a product of debt-ceiling anxiety. The June 1st deadline set by Treasury Secretary Janet Yellen comes next week and there is still no deal made on raising the debt-ceiling.

The worst case scenario is a default ...

Nvidia's earnings created a very weird day for stocks on Thursday as the Dow was down slightly but the S&P 500 and Nasdaq shined. The rally could be a sign that the pre-holiday reversal is over, but then again we didn't see gains across the board with small caps and the I-fund lagging badly, and about 2 stocks down for everyone up on the NYSE and Nasdaq. Yields and the dollar were up, and the Fed balance sheet went down another $20 billion and that put some pressure on many of the non-big ...

The market could not find a bid yesterday and we saw selling almost across the board. Large caps, small caps, Tech, Transports, etc., were all down sharply as the debt ceiling panic grows and the deadline gets closer. The Dow lost 256-points and there were similar percentage losses in the S&P 500 and Nasdaq. However, something happened after the closing bell that may change things at least for the start of today.

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