Fed Chair Jerome Powell scheduled to talk this Wednesday, Thursday, and Friday. Q1 Earnings season picks up steam this week with select financials reporting Q1 results Friday. US equity markets […]
US equities closed out Q1 on a positive note on Friday with the Nasdaq posting a quarterly gain of 16.5%. Quarter-end window dressing helped lift all major equity market indices […]
Last week, US equity markets finally began to price in several variables that we have touched on in recent notes. The risk-off trade led to the worst one-week performance for […]
Reuters-March 22, 2019 By Stephen Culp NEW YORK, March 22 (Reuters) – Wall Street stocks sold off sharply on Friday, with all three major U.S. stock indexes dropping between 1 […]
I was expecting more price weakness last week than actually appeared in US equity markets. The weakness I expected was off-set by a stronger-than-expected performance by the Nasdaq composite and […]
The pullback that I suggested was on the horizon in last Monday morning’s note took shape last week. All three US major market indices lost ground on every trading day […]
Both the S&P 500 and Nasdaq managed to add to their respective long-running and uninterrupted weekly gains last week, but just barely. In fact, if it were not for Friday […]
US markets were closed for Presidents Day. From the standpoint of the economic calendar this week, Thursday should provide the lion’s share of the economic data investors are most eager to […]
Not unexpectedly, the S&P 500 ran into resistance at its 200 DMA last week. However, that resistance yielded only a fractional trade lower. So brief and nascent was the trade […]
Last week’s equity market performance allowed for traders to cash out on the best four-week performance for the leading US equity market indices in years. The largely horizontal weekly move […]