While Rome Burns & The “January Effect”
There is a growing chorus of highly respected market technicians calling for a pullback in the market. Using the Nasdaq Composite as a proxy for the broader market, it is […]
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Zippo Lighter
A special Labor Day watercooler: Some of my earliest memories are sounds. The sound of my father’s worn metal Zippo cigarette lighter flopping open with a satisfying “click” is one […]
Can the budget showdown impact the markets?
Last week’s economic calendar continued to provide foundational support to the thesis that our economy’s growth is accelerating. Industrial Production for December came in at a stunning 0.9% versus Bloomberg […]
A Dramatic increase in rig counts spells trouble for crude’s rally
The price of WTI crude has risen dramatically in recent months as a result of weather-related production challenges, increased global demand and a relatively well-coordinated OPEC policy aimed at limiting […]
Did Economic Activity Accelerate in Q2?
This week’s economic calendar will provide investors with two very important data points: the FOMC Meeting/Announcement on Tuesday and Wednesday, respectively, and the initial Q2 GDP reading on Friday. With […]
Stall and Dysfunction
If like many investors you don’t currently have significant single stock exposure to the large cap tech vertical, you have probably been scratching your head in recent weeks. We continue […]
Missing the Point
Microsoft, Netflix, United Health earnings and Tesla corporate news provided investors with some positive and actionable trading themes last week that ultimately delivered some lift to an otherwise trendless US […]
Jenga Magnified
Federal Reserve Chair Janet Yellen’s tactical assessment of the U.S. economy’s potential ability to manage a rate increase this year, coupled with buttressing support from Fed Vice-Chair Fischer, effectively triggered […]
The Fed Rules the Roost
US equity markets posted a modest intraday reversal yesterday allowing for major indices to close fractionally in the green. The S&P 500 gained 0.18% while the Dow Industrials (+0.11%) and […]
Outlook: Corporate Profitability Casts Shadow Over Equities
Given the mixed Q4 economic and corporate profitability results we received on Good Friday, this week’s data-centric calendar should provide investors with some context for the interest rate and economic […]