I don't want to overreact to a single month, markets are looking past it, but carefully watch other indicators as well.
Hedge your longs with shorts on companies whose business is quite literally drying up.
Plus, what really is going to be the shape of this recovery?
At some point, there will be a fiscal support package passed -- but only when both sides think they can take the credit.
The strong rally in equities in November has been welcome, but there are abundant reasons to be cautious going forward.
I see almost nothing here not to like, and it shows plenty of signs that the labor market is actually gaining steam.
Plus, a quick look at Southwest Airlines and why it remains the one airline to own.
Plus, we check in on Peloton and Datadog and the Nasdaq Composite Index.
Markets have certainly recovered nicely off of the lows of late September. Now, here in mid-October, it feels like it did that cold night back in 1980-something. The wolves are visible and noisy.
Right now our policy on new stimulus is defaulting to 'to heck with the fourth lane' and all who ride on it. That's a crying shame.