The Day Ahead, Tuesday August 14th
Investor focus is likely to remain on emerging markets and the Turkey currency crisis on Tuesday while NFIB Small Business Optimism for July was just released, and registered a new…
Read MoreUpdate to our four favorite tactical indicators
While the S&P 500 Index (SPX) remains in the context of a long-term uptrend, there are four key tactical market gauges we focus on that typically identify the close proximity…
Read MoreStill expect more near-term volatility
Thus far, the market is holding in there despite a worsening of the Turkish Currency crisis. We find it hard to believe there won’t be a bit more volatility given…
Read MoreSome perspective on the Turkey situation
Highlights Turkey roared into the headlines last week The situation is likely not going to be as impactful as the Greece panic
Read MoreEuropean bank CDS showing no contagion
We have no expertise in Turkish economics or politics, but do have an idea of what to look for if the Turkish currency crisis has a contagion effect similar to…
Read MoreThe Economic Week Ahead, August 13th
While the week is loaded with economic data releases, all focus on Monday will be on the Turkish currency crisis. With Turkey currently locked in a standoff with the United…
Read MoreThe Nasdaq is having the best start to August in 5 years
Despite today’s sell off in the equity indices, the dog days of summer hasn’t been bad for the Nasdaq Composite Index (CCMP), so far.
Read MoreDoesn’t yet look like 2015
Lot of talk in the market about the decline in the Turkish Lire and how that could be similar to the middle of 2015, when emerging currencies were under pressure. …
Read MoreConsumer prices pretty much in line with estimates, again
The month-over month data for the Consumer Price Index (CPI) released this morning from the Bureau of Labor Statistics matched estimates.
Read MoreAugust Macro Slide Deck
Focus remains on year-end ramp driven by EPS. With volatility back to the low, the S&P 500 (SPX) in close proximity to record highs, and choppy grind higher, there is…
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