SPX on track to have the best May performance since 2009
With one hour left to go in the last trading session for May, the S&P 500 Index (SPX) is up 2.25% month-to-date, and is on track to be the best…
Read MoreUpdate on Italian Bonds and Euro-zone CDS
On Tuesday, using a key measure of credit derivatives in Europe, we highlighted that the perceived crisis coming out of the Eurozone was likely to create opportunity. The Italian Bond…
Read MoreThe Day Ahead, Thursday May 31st
Coming off an extremely busy and volatile Tuesday and Wednesday, Thursday figures to be the calm before a very busy Friday storm. That is of course as long as the…
Read MoreWhat a difference a day makes
Equities are having a strong reversal day after global macro fears pushed stocks lower yesterday.
Read MoreSlight miss on Q1 GDP
The second revision to first quarter Gross Domestic Product (GDP) was released by the Commerce Department this morning and showed the economy expanded 2.2%.
Read More% Bulls increase for the third straight week
The latest Investors Intelligence report shows newsletter writers were slightly more bullish last week.
Read MoreThe Macro Day Ahead, Wednesday May 30th
While EU developments led the market downward on Tuesday, Asian geo-political developments could impact the markets on Wednesday.
Read MoreLate day market thought
The perceived crisis coming out of the Euro-zone is likely to create intermediate-term opportunity
Read MoreConsumer confidence rises in May
Our second survey for consumer confidence for the month of May was released this morning. This time it was from the Conference Board and their survey showed the Consumer Confidence…
Read MoreEuropean CDS Index indicator extreme
There is a definite risk-off feel to the markets on the back of political turmoil in Italy. The recent election and Finance Minister appointment are renewing fear that the Eurozone’s…
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