Quick market update
The market has been in the intermediate-term bottoming process since the increased fear of Fed and Trade created the initial extreme oversold condition on 10/26. Like other interest rate and…
Read MoreThe Day Ahead, Friday December 14th
Following a Thursday that saw the Dow Jones rise while the S&P and Nasdaq both traded slightly lower, Friday features the release of retail sales for November. The reported weakness…
Read MoreMore investors turn bearish on the market
Last month we posted the percent of bearish retail investors according to the Association of Individual Investors (AAII), was at the highest level in over two years.
Read MoreBullish sentiment gives back some of last week’s gain
Investors Intelligence reported that bullish newsletter writer sentiment declined in the latest poll to 45.4% from 46.7% in the prior week.
Read MoreThe Day Ahead, Wednesday December 12th
Following a volatile day in the markets and the meeting between President Trump, Nancy Pelosi and Chuck Schumer, Wednesday features the second inflation release of the week, but no other…
Read MoreLate day random thought
I am surprised given the heightened sensitivity in the markets that the meeting between President Trump and top Democrats hasn’t hit the market more. Pretty rocky start to a bipartisan…
Read MoreThe Day Ahead, Tuesday December 11th
Following a volatile Monday that saw the Dow Jones Industrial Average rebound from a session low that was 500 points off to closing the day up 34 points, Tuesday features…
Read MoreThe Economic Week Ahead, December 9th
There is no question the news backdrop is going to remain volatile with extreme headline risk. There continues to be White House drama with staff changes and Mueller probe risk,…
Read MoreRemaining focused on evidence over emotions
It is during periods of market volatility like this where we have to look to evidence over emotion. There is so much confusion that every news item is significantly affecting…
Read MoreThe day ahead, Thursday December 6th
Following a Tuesday that saw the S&P 500 fall more than 3% and a non-trading day on Wednesday, Thursday features several major economic data releases and will likely feature high…
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