Wall Street tumbles on global economic slowdown fears
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 […]
FOMC meeting this week lays out the map forward
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 […]
Last week’s pullback leaves equity markets vulnerable
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 […]
Any additional gains this quarter are largely dependent on the outcome of the US/China trade talks
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 […]
Asian equity markets trade higher on Monday
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 […]
S&P Capital IQ Consensus estimates: reduced operating EPS for 2019
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 […]
Confirmed Uptrend Remains in Place
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 […]
On your mark, get set, go?
Last week’s continuation of the US equity market reversal that has defined our post-Christmas rally has been most recently fueled by the shift in monetary policy outlook and guidance by […]
December’s Employment Report and Powell’s “patience” thread the needle
US equity futures trade higher in the overnight. Last Friday was a significant day for markets for obvious reasons (a monthly gain of +312K in the employment report), but also […]
The Data Doesn’t Point To An Impending Recession: Kenny (Bloomberg Radio)
Peter Kenny, founder of Strategic Board Solutions, on markets and his 2019 outlook Bloomberg running time 5:30. Hosted by Pimm Foxx and Lisa Ambramowicz.