Initial Sunday take given extreme weakness
The S&P 500 Futures are down 4.6% and West Texas Intermediate Oil is down 22% as we write this. In our opinion this weakness has reached many extremes but…
Read MoreThe S&P 500 Futures are down 4.6% and West Texas Intermediate Oil is down 22% as we write this. In our opinion this weakness has reached many extremes but…
Read MoreThere has been an extreme “risk-off” move in the financial markets due to the fear surrounding the COVID-19 virus and the most recent Saudi oil decision. The S&P futures opened…
Read MoreIt was another wild week on Wall St. Stocks saw massive swings and U.S. Treasury yields dropped to new lows.
Read MoreI wanted to answer a question a few of you have asked. Q: Can the markets rally like China once the worst of it has passed? A: Anything…
Read MoreThe payroll report out this morning showed the jobs market continued to run hot last month
Read MoreAs 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 MoreThe four major indices all suffered > 3% loss once again today.
Read MoreA 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…
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