By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Excitement Over Yellen Endorsement Please click here for a chart of  Nasdaq 100 ETF (QQQ). Note the following: Powell, more than any other person, has been instrumental in running up the stock market with his steadfast conviction of heavy money printing, zero interest rates, and the willingness to let inflation run hot in a departure from historic Fed policies. Powell’s term at the Fed ends in February next year. Investors would like nothing better than Biden renominating Powell. Yellen is very close to

By Nigam Arora & Dr. Natasha Arora Gurus Likely Wrong Please click here for a chart of  Home Depot (HD). Note the following: The Morning Capsule is about the big picture and not about individual stocks. The chart of HD is simply being used to illustrate the bigger point. The chart shows when HD reported earnings. HD earnings were better than the consensus and whisper numbers. The way the positioning is in HD stock, on these earnings, the stock should have gone up.  The chart shows the stock has fallen on the earnings in the pre-market. The reason for the

By Nigam Arora & Dr. Natasha Arora Terrorist Threat Please click here for a chart of  Dow Jones Industrial Average (DJIA). Note the following: First and foremost we are politically agnostic. Our sole job is to help investors.  This post is not about politics or terrorism, but about how certain events may unfold and impact investors in the very long term. We do not expect any impact of Afghanistan on the stock market in the short term. The chart shows the impact of the 9/11 terrorist attack on the stock market. The chart shows that investors bought the dip running

By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know now. Consumer Anxiety Rising Please click here for a chart of  S&P 500 ETF (SPY) which represents the benchmark for the stock market index (SPX). Note the following: The U. S. economy is 70% consumer-based. Therefore we pay a lot of attention to the consumers. This earnings season, the earnings of consumer-oriented companies have been blockbuster.  The reason is that the consumer has been confident and spending as they have never spent before. Now consumer anxiety is rising and the consumer is losing confidence.