Major indices closed mixed
Stocks reversed from early losses, but only the Nasdaq Comp. and Russell 2000 Index were able to end in positive territory.
Read MoreStocks reversed from early losses, but only the Nasdaq Comp. and Russell 2000 Index were able to end in positive territory.
Read MoreIt must be one heck of a slow news day for our RELATIVE downgrade of Financials to get the airtime that it is.
Read MoreSummary – Downgrading Financials to Neutral as history points to a pause in the rise in the 10-year UST yield.
Read MoreA couple administrative notes given the attention we received for our work today.
Read MoreWe discuss an out of consensus view suggesting a near-term peak in the 10-year U.S. Treasury Yield, and what that means for Financials (Banks)...
Read MoreThis is not a complicated call — the rise in the 10-year has likely seen an intermediate-term rate of change peak, and since that rise has driven the Financials…
Read MoreThe percentage of S&P 500 Index (SPX) stocks trading above the 10 & 50-day moving averages dropped with yesterday’s 1.48% loss in the SPX. Below are the closing levels:…
Read MoreS&P futures are above Thursday's close, amidst a negative session in Europe and in Asia overnight.
Read MoreWe offer some articles discussing macro headlines in news...
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