Bullish and bearish newsletter sentiment back to January 2019 levels
Bearish sentiment saw a large increase but still remained below bullish sentiment in the latest poll.
Read MoreHappy St. Patrick’s Day!
As our closing comment highlighted last night, this unprecedented drop in the equity market has yet to stop despite all the actions by the Federal Reserve to date. The reason…
Read MoreFed action fails to stem further selling
Even with the historic measures taken by the Federal Reserve on Sunday evening, markets still suffered one of the worst losses on record.
Read MoreEconomic: Let the parade of weaker economic data begin
This morning we got one of the first March readings on the manufacturing outlook and not surprisingly, there was a sharp reversal from the February.
Read MoreSticking with the plan and suspending target for now
Good morning and first and foremost, we hope that all of you and your families stay healthy and safe and please follow the Covid-19 protocols in your communities. It will…
Read MoreThe Fed is meeting a historic event with all extraordinary measures.
Since this crisis began we have talked about historic monetary and fiscal stimulus and this would represent that, just like the Treasury’s comments on Fiscal Stimulus last Friday. Thus far…
Read MoreStocks surge into the close— gain back most of Thursday’s decline
It was a week for the history books and definitely not in a good way. The great bull market came to an end with the major equity indices falling into…
Read MoreA historic moment in time…
This morning on CNBC, I believe the question by my friend Jim Cramer asked Treasury Secretary Mnuchin about market and business liquidity should go down in the history books as…
Read MoreFriday morning look
The S&P 500 (SPX) Futures are limit up 5% this morning. Wow it felt great to write that. Over a week ago I told our sales team the market would…
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