by Garrett Baldwin | May 24, 2023 | Market Commentary
It feels like I forgot about something today… Was it to eat breakfast? Was it to pack for Switzerland? I know I caught up on the debt ceiling today… I know I ranted about Kohl’s (KSS) executive team today… And the news that JPMorgan (JPM) wants to short small-cap...
by Garrett Baldwin | May 5, 2023 | Market Commentary
I’ve received a lot of questions over the last 24 hours about the state of PacWest (PACW) and other community and regional banks taking a hit this week. Mainly… why are they going down? PACW has snapped back by more than 80% in an insane short covering just a day...
by Garrett Baldwin | Feb 1, 2023 | Market Commentary, Market Outlook, Stocks
Right now, the markets are under extreme pressure. Energy stocks broke down first this afternoon. Now, I’m looking for biotech to sell… and then… the large banks. It could be a very ugly week for Bank of America (BAC), JPMorgan Chase (JPM), and Citigroup (C). I...
by Garrett Baldwin | Jan 16, 2023 | Market Commentary, Market Outlook
Dear Reader, Last Wednesday, I made you look at a picture of Jamie Dimon. My question: Would Dimon smile or hide his face after JPMorgan Chase & Co. (NYSE: JPM) reported earnings on Friday? Even though JPM topped earnings expectations and crushed revenue...