How Much Really Changed After Chairman Powell's Speech On Friday???

Just a quick note: I will be out on a couple of different days next week…including next Friday. Therefore, next week’s edition will be an abbreviated one…and it will be published Sunday evening (in the middle of the long weekend)…….Of course, if something dramatic takes place next week, it won’t be as abbreviated as we’re suggesting right now, but it will still be published a day later than usual either way.….Thank you.

Table of Contents:

1) Can the financial stocks breakout? If so, which ones will perform the best?

2) There are now more reasons to think the energy sector will surprise people going forward.

3) How much did Chairman Powell’s speech really change things?

4) The odds of a meaningful decline soon are still much higher than the Street is thinking.

5) The charts on the major indices. Can the Russell finally breakout?

6) Rotation? Maybe, but it’s much more likely that the tech sector is still the key.

7) Can bitcoin and Ethereum resume their rallies?

8) Gold and silver seem poised for a breakout move.

9) GE has seen a GREAT run, but it could be due for a bit of a breather soon.

10) Summary of our current stance.