Uninspiring breadth for such a strong day
With the midterm elections behind us, yesterday turned out to be a very good day for equities with the three major indices all gaining over 2%.
Read MoreThe Day Ahead, Thursday November 8th
Focus for investors on Thursday will be on the FOMC Meeting Announcement, where they are expected to leave rates unchanged for November but many are looking to see if they…
Read More% Bulls fall for the fifth week
The recent excessive optimism in the market continues to be reversed. The report out today from Investors Intelligence showed bullish newsletter writer sentiment is at the lowest level since the…
Read MoreQuick take on election and playbook reminder
Mid-terms were definitely not a total rebuke of President Trump, despite the Democrats taking control of the House. According to Fox News: Since 1862, the President’s party has lost…
Read MoreThe Day Ahead, Tuesday November 6th
The focus for investors on Tuesday will be on the midterm elections, although we noted yesterday that we have no view on the election and that it is unlikely to…
Read MoreMonday morning market musing
we have no view on the election tomorrow because the Presidential election made it crystal clear that even if you knew the outcome of the election, investors may not know…
Read MoreAnother solid week for earnings
It was a busy week for earnings with 136 S&P 500 (SPX) companies having reported. This brings the total number of companies that have reported third quarter earnings to 376,…
Read MoreAnother solid week for earnings
It was a busy week for earnings with 136 S&P 500 (SPX) companies having reported. This brings the total number of companies that have reported third quarter earnings to 376,…
Read MoreThe Day Ahead, Friday November 2nd
Following a third straight day of a greater than +1% rise in the S&P 500 on Thursday, investors will turn their focus to Apple’s disappointing Q4 earnings release as well…
Read MoreThis might knock your SOX off
The Philadelphia Semiconductor Index (SOX) has put in an impressive bounce over the last few days.
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