Data and Crude Propel Markets Higher
US equity markets regained their footing yesterday, after a weak performance on Monday, and did so in dramatic fashion. All three major equity market indices gained ground on expanded volume. […]
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A football memory 1966: A smoke filled vortex rose above the masses
Even as a child I knew that the life my parents were providing me was sheltered. However, it wasn’t until I went to my first professional football game, at the […]
Like a knife through hot butter
That incremental decoupling of equities from crude, which I mentioned in yesterday’s morning’s note, fell flat on its face yesterday after crude fell an additional 5.5% — on top of Monday’s 6% […]
12 themes that will dominate global markets in 2016
Email subscribers received this note on 12/31~ find out more on the subscription page. What to look for over the next twelve months: 1.) Volatility will play a dominant role once […]
Crude Almost Hijacked the Santa Claus Rally
US equity markets once again fell under the spell of crude’s weakness Monday 12/28. We opened sharply lower and remained underwater all session. However, though crude (WTI) did reverse lower […]
Financials Sold Indiscriminately
US equity markets registered modest gains on Monday helped in part by some overnight stability in global equity markets and a modest rebound in crude prices. The Dow Industrials (+0.72%), […]
The Fed Unanimously Votes to Raise Rates
US equity markets responded to the FOMC rate move, FOMC forecasts and commentary yesterday precisely as expected. The Dow Industrials (+1.28%), S&P 500 (+1.45%) and NASDAQ (+1.52%) all moved sharply […]
The Path to the FOMC
Markets ended up posting unimpressive gains yesterday after spending much of the session meandering between incremental gains and losses. The Dow Industrials (+0.61%), S&P 500 (+0.49% and NASDAQ (+0.38%) all […]
Investors lack interest
Choppy market action of late has left investors with a lack of conviction. I discussed this further on and my expectations going into the last weeks of 2015 with Fred […]
Yahoo Finance Midday Movers
In the studio 12/10 with Alexis Christoforous and Rick Newman also on the panel Lauren Young @thomsonreuters VIDEO: Zombie oil fields; Jeff Immelt’s “Industrial Internet;” Microsoft edges out Apple