By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. 10-Year Yield Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: Please read the Morning Capsule titled “ALL INVESTOR EYES ON JACKSON HOLE AND PCE.” Bond traders tend to be smarter than stock traders. Bond traders are making a call on Powell’s speech opposite to the call of momo crowd gurus. The call of the bond traders is that Powell will be hawkish. Bond traders are selling bonds. The momo crowd

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. Rally Attempt Fails Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows when the stops of gullible investors were taken out.  Please read yesterday’s Afternoon Capsule for details. The chart shows that the stock market behaved as it typically does after stops of gullible investors are taken out. The chart shows that the rally attempt failed on bad economic data of two PMI’s and New

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. Line In The Sand Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: A large number of investors in the stock market follow traditional technical analysis. Certain aspects of traditional worked well until the 1980’s, and then they progressively stopped working. The reason is that technical analysis has now become easily and widely available.  Whatever becomes well known often stops working in the stock market.  The chart shows the

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. Fed Minutes Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart indicates when the Fed minutes were released. The Fed minutes indicate caution is warranted by prudent investors.  Here are the key points: The Fed is going to follow the data. At some point, the Fed may slow the pace of rate increases to allow time to assess the effects of previous increases as the data