DJIA hits record high; Nasdaq closes in correction territory
It was a tale of two tapes today. The Dow Jones Industrial Avg. hit a new intraday all-time high, while the Nasdaq Comp. closed at the lowest level in…
Read MoreMarch Macro Slide Deck
The rise in rates not yet negatively impacting financial conditions. The sharp rise in long-term U.S. Treasury rates has caused fear of a more dramatic economic and market impact,…
Read MoreBrief macro observation
Just coming back from vacation and have an interesting observation. I was flying home from Florida at 7,500 feet, and as we were going up the coast I looked…
Read MoreMonday tactical indicators update
The market staged a powerful recovery on Friday, turning the S&P 500 Index (SPX) from a loss to a 0.81% gain for the week.
Read MoreEarly Monday look
S&P equity futures remain below Friday's close, amidst a higher session in Europe and a negative close in Asia overnight.
Read MoreAnother volatile end to a volatile week
It was a wild day of trading, with stocks making a significant reversal.
Read MoreLate Q4 EPS update
Q4/20 earnings season is almost in the books, with only five S&P 500 Index (SPX) components left to report earnings.
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