Omicron Worries to Offset Inflation Worries? The lack of follow through for Friday’s Omicron-induced steep drop, and yesterday’s price action coupled with this morning’s price action so far seems to suggest that the markets may not be panicking about Omicron as it could lead to assuaging some inflation concerns that seem to weigh heavy on (more…)

Friday’s Steep Drop Not Scaring the Markets, for Now Our last trading plan published Tuesday morning stated: “This morning’s price action so far indicates to renewed uncertainty and unease in the markets with the various issues investors are trying to grapple with: Rising inflation, rising yields, Powell’s apparently diminishing credibility, and the Covid situation in (more…)