Daily Advantage Newsletter

February 10, 2024

Sneak-Peak at 2024 Super Bowl Commercials Hey, I don't want to ruin the fun of watching the game so you can hit delete this email if you don't want to have a sneak preview. While the Super Bowl LVIII is guaranteed to give fans some great football, Americans have come to expect the broadcast to also give us some great commercials. In the past, the...

read more

February 9, 2024 Plus Post

 Commentary-Standard Stock indexes are on track to notch a winning week with the S&P 500 and Dow also headed for new record highs. There is not a lot to digest today with no significant economic data and a very light earnings calendar. Enbridge, Fortis, PepsiCo, and Southern Copper are the main highlights. We are at the tail end of Q4...

read more

February 9, 2024

How Bad is The Debt Crisis?  John Mauldin Analyzing the historical cycles and massive debt that surround us, I find myself looking for an “easy” exit. Maybe one exists, but I haven’t found it yet. I think we’re stuck. The building will have to collapse around us before we can leave. This is obviously not a great situation. For one thing, if we...

read more

February 8, 2024

 Commentary-Standard Stock bulls are coming off another record closing-high for the S&P 500. The index is now less than 0.1% from closing above the psychologically important 5,000 milestone. For what it’s worth, the S&P 500 first closed above 4,000 on April 1, 2021, which was just 632 days after it first crossed 3,000. Its climb to 5,000...

read more

February 7, 2024

 Commentary-Standard Stock indexes are little changed as profit taking and perhaps some sector rotation continues to play out. Stock bulls may also be struggling to find the next catalyst as Q4 2023 earnings season winds down and Wall Street walks back expectations for Federal Reserve rate cuts. While several big names are still on the earnings...

read more

February 6, 2024

 Commentary-Standard Stock bulls took a step back to start the week as bond yields move sharply higher. Bond yields really began gaining strength last Friday following the much stronger than expected January jobs report that increased doubts about the timing of Federal Reserve rate cuts. Those doubts were reinforced yesterday by the ISM...

read more

February 5, 2024

 Commentary-Standard Stocks bulls had a great run in January as stocks rallied into record territory with the S&P 500 and Dow both ending last week at new all-time closing highs. It’s worth noting that Facebook-parent Meta was a big contributor to Friday’s gains with the stock climbing more than +20% in a single-day of trading, adding +$197...

read more