Economic: Wicked good jobs report and no one seems to care
The payroll report out this morning showed the jobs market continued to run hot last month
Read MoreThis looks to be a doozy
As I write this, the S&P 500 (SPX) Futures are down over 2%. The fear of the spreading Covid-19 and the resulting economic and corporate impact is accelerating by the…
Read MoreSounding like a broken record
The four major indices all suffered > 3% loss once again today.
Read MoreGame plan clarification
A few of you have asked whether a test of the low would be last Friday’s intraday or closing low? For a point of clarity, we use closing vs. intraday…
Read MoreThursday credit indicators update
It has been a week of big swings in stocks with falling treasury yields.
Read MoreQuick convo with my Mortgage guy
I just had a call with my mortgage provider who I have known for over 30 years. He backed up what we heard for the Queen of Homebuilding – Ivy…
Read MoreEconomic: Final Q4 U.S. productivity revised lower
The Bureau of Labor Statistics (BLS) reported this morning that fourth quarter productivity was below the initial estimates but still rebounded from Q3’s negative reading.
Read MoreAAII bullish sentiment takes a surprising turn higher
After two weeks of declines, retail investors turned more bullish in the latest survey.
Read More