Global Mail Archive
12-16-25: Venezuela (or Japan) Could Fuel a Year-End Move
by Ivan Martchev December 16, 2025 Last Thursday, we saw a new all-time high, but only on a closing basis, and then Friday delivered a large down day, with the S&P 500 [...]
12-9-25: New All-Time Highs Are Likely This Week
by Ivan Martchev December 9, 2025 The range of trading for the S&P 500 last week was 103-points, if one looks at overnight futures, and it was stunningly symmetrical. I do not [...]
12-2-25: November Ends Positive – Like the Flip of a Switch
by Ivan Martchev December 2, 2025 There was a pretty good run-up of over 325 S&P points in the last five-trading days of November, and suddenly we have a positive month. Just [...]
11-25-25: If Bitcoin Cooperates, We May See a Bottom for Stocks
by Ivan Martchev November 25, 2025 Readers of this column know that I don’t like Bitcoin. If I did not like it at $1,000, I sure don’t like it at $125,000, and [...]
11-18-25: Rotation Alone Does Not Explain Recent Market Volatility
by Ivan Martchev November 18, 2025 Last week, I witnessed something that I had not seen much this year – three-days of vicious rotations out of the technology sector, culminating in a [...]
11-11-25: The Pullback is Over, If….
by Ivan Martchev November 11, 2025 The S&P’s recent 4.2% decline was the kind of pullback I expected, a little larger than any pullback since late April, when the market began to [...]
11-4-25: Geopolitics are About to Come to the Fore in the Next Two Weeks
by Ivan Martchev November 4, 2025 The Wall Street Journal ran a story last Thursday entitled, “U.S. Eyes Striking Venezuelan Military Targets Used for Drug Trafficking,” implying that such strikes against that [...]
10-28-25: Market Sets New Highs, After No “Trillion Dollar Tweets”
by Ivan Martchev October 28, 2025 I’ve been writing about the power of presidential tweets over the last two-weeks. While technically not a tweet, there was a move similar in magnitude to [...]
10-21-25: Will We See Any More “Trillion Dollar Tweets?”
by Ivan Martchev October 21, 2025 Every day since that dreadful tweet on Friday October 10, which caused the S&P 500 to lose 182.60-points, we have seen huge daily ranges of over [...]
10-14-25: Two Tweets Totaling $2-Trillion (aka, “The Sun Tzu Sell-Off”)
by Ivan Martchev October 14, 2025 For most of the last six-months, it was kind of nice to not see aggressive presidential tweets in the middle of the trading day, but the [...]
10-7-25: We’re Seeing “Toppy” Action Without Conviction
by Ivan Martchev October 7, 2025 On both Thursday and Friday, October 2-3, the S&P 500 set fresh all-time highs, and on both days the index closed below where it opened. This [...]
9-30-25: A Quarter-Ending Ramp-Up Is Likely
by Ivan Martchev September 30, 2025 Today, September 30, is when the third-quarter ends. Investors typically celebrate that event by pushing stock prices up at the end of the quarter. Just go [...]