Market Commentary Blog Posts

  1. Blog
  2. All
  3. Market Commentary Blog Posts
Outstretched hand

Drunkenmiller is short US Treasuries, but how?

October 28, 2024 by Matt McCracken
Stanley Drunkenmiller, the legendary investor whose track record makes Warren Buffett's seem pedestrian, is on the record saying he is short US Treasuries (i.e. betting on higher interest rates). This announcement is quite incredible for two reasons...Read more
Nuclear reactors

Uranium Stocks go Nuclear on Amazon Announcement

October 16, 2024 by Matt McCracken
[Disclosure: We own several uranium mining stocks including, Cameco (CCJ), Denison Mining (DNN), Nexgen Energy (NXE), Uranium Energy (UEC), and Energy Fuels (UUUU).] Amazon announced last night that they will be building small nuclear reactors in an...Read more

CNBC Confirms my Thesis

October 4, 2024 by Matt McCracken
(Disclosure: Our firm and our clients' SMA accounts are long various energy contracts, ETFs, and equity positions linked to the oil and gas space.) This morning, CNBC posted an article titled " Why oil prices haven't skyrocketed on Middle East...Read more

Bigger surprise, FED cuts 50 bps or L/T rates actually go up?

September 18, 2024 by Matt McCracken
Today, the FED cut rates for the first time in many years, choosing to go big with a 50 bps cut. This suggests rates are headed lower for a while. However, on the long end of the interest rate spectrum, rates didn't go down at all, rather they...Read more
Gold bars

What in the World is Going on with the Precious Metal Miners?

March 5, 2024 by Matt McCracken
I just have to pose the question, what in the world is going on with the stock price of precious metal miners? Gold just closed at an all-time and, more importantly, it just completed the confirmation of a bullish “Head and Shoulders Pattern” and...Read more

How to profit from the shortage in Oranges

July 14, 2023 by Matt McCracken
The news is reporting that orange production this year will come in at its lowest levels since 1937. Weather and climate change are blamed for the acute shortage this year as two nasty freezes hit Florida crops this past winter. The bigger issue...Read more

Fallout from SVB: The Real Problem in Banking

March 16, 2023 by Matt McCracken
He who loves money will not be satisfied with money... - Ecclesiastes 5:10 - (For full disclosure, our long/short strategy is currently short USB and LNC. We may increase or decrease these positions or positions correlated to these two securities at...Read more
Nuclear reactors

Uranium stocks: Potential for explosive returns?

December 16, 2022 by Matt McCracken
Disclosure: We are currently long CCJ and looking to buy other securities in the Uranium space. This article is not a solicitation or recommendation to buy any security and does not provide sufficient support for an investor to make a decision on...Read more
Bitcoin coin

Bitcoin crashes below support...

November 9, 2022 by Matt McCracken
Yesterday, bitcoin fell below a strong support level established over the last several months of trading. And today, it continued to fall below support and close well below it. Thus Bitcoin has now confirmed a bearish move in price. Market...Read more