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8-12-25: Last Week’s “Reversal of the Reversal”

8-12-25: Last Week’s “Reversal of the Reversal”

by Ivan Martchev August 12, 2025 Last week, I wrote about the trading range on July 31 and August 1, which became so volatile that it covered the whole trading range of the month of July in two days. This is statistically meaningful, since it constituted a...

High Valuations are Supported by Strong CapEx Growth

On the heels of an epic rally, stocks are finally taking a well-deserved breather on renewed growth jitters. That’s not keeping the bears from griping about elevated valuations. You hear it everywhere. Today, we’ll follow the data to debunk this popular misconception....