Technology Firms Archives - Capitol Development Account

AN UGLY DAY FOR A MULTITUDE OF REASONS

Equities stumbled the most in four months. There were numerous catalysts. Rising COVID cases. Reality setting in Biden could win thus ushering in an unprecedented wave of ...

29 October, 2020

STIMULUS AND ANTI TRUST LITIGATION

In my view the market had little reaction to what Bloomberg writes “is the most significant monopoly case filed in the US in perhaps 100 years.” The US Justice Department is poised to...

21 October, 2020

YESTERDAY WAS A RECORD DAY FOR BOTH TECH AND HOUSING SENTIMENT

The WSJ wrote “technology companies are set to end the year with their greatest share of the stock market yet, topping the dot-com era peak.” The Journal stated that companies involved in ...

20 October, 2020

MARKETS ARE SUGGESTING MASSIVE STIMULUS SPENDING HAS NO DOWN SIDE…THIRD QUARTER EARNINGS SEASON COMMENCES TODAY

Many are convinced a Biden presidency will create an economic boom via increased fiscal spending. While it is correct equities typically perform best under a Democratic Administration given the ...

13 October, 2020

POWELL, THE HOUSE, TRADE DATA, THE DEBATE, STIMULUS AND THE HOUSE AGAIN…YESTERDAY COULD BE TRANSFORMATIONAL

In my view, FRB Chair Powell offered no new insight into the economy. Powell warned of a weak recovery without sufficient government aid and providing to much stimulus would not be a problem. He further stated ...

07 October, 2020

THE ELECTION, FED POLICY AND VALUES

I do not think it is an understatement to write the next two months might be one of the most contentious Presidential election season in decades. Drama will be great as COVID is the ...

31 August, 2020

THE NASDAQ 100 IS UNSTOPABLE; POWELL’S UPCOMING REMARKS

The comparisons between 2000 and 2020 are rising exponentially. Last year the NASDAQ 100 rose 38%. In 2020 amid a raging recession and plunge in profits, the ...

27 August, 2020

THE FED, GOLD, SECOND QUARTER GDP AND CONCENTRATION OF WEALTH

Led by the mega sized technologies, equities stumbled again Friday on concern over escalating trade tensions and worries the recovery has stalled. Gold is over $1,900 for the first time since ...

27 July, 2020

SOME DAUNTING STATISTICS

The proverbial “stay at home trade” is thriving even following encouraging news on a potential virus vaccine. There are now over 130 vaccines in the development process and 17 are in late stage testing with some ...

21 July, 2020

“TO INFINITY AND BEYOND” (Buzz Lightyear)

The technology heavyweights continued their relentless advance, shattering any remaining illusions about the significance of security research. It is obvious the pathway to massive over performance is...

08 July, 2020