Stocks take a tumble
The sell-off today could be attributed to any number of reasons— Fed speak, Dr. Fauci’s testimony or possible sanctions on China— to name a few.
Read MoreMarket Musings & Economic Commentary
Tony will use his 30+ years of market experience to guide you throughout the trading day.
late day musing
Another day that reinforces the market is NOT expecting a strong economic recovery: U.S. Treasury Yields are down again – should be going up if folks thought the economy…
Read MoreSmall business confidence drops to seven-year low
The National Federation of Independent Businesses (NFIB) reported small business confidence declined further in April but was better than expected.
Read MoreFed starts buying Corporate Bonds today
The headlines this morning are very interesting to me, and it reinforces how important the Fed decision was to buy corporate debt on 04/09. This morning the futures are slightly…
Read MoreMixed performance to start the week
The four major indices— which moved mostly in lockstep last week, showed mixed performance today. The S&P 500 (SPX) & Nasdaq closed higher, while the Dow Jones Industrial Average &…
Read MoreToday’s continued “covid-19 trade” reinforces today’s macro post
Today we turned conventional wisdom upside/down with our “A Stay-at-Home” rally post. Nearly everyone we speak to believes the market is up because of expectations the economy is going to…
Read MoreMonday morning look and important admin note
Good Monday morning. The market is off to a weaker start today as fear of a spread of the coronavirus within the White House is leading to a bit of…
Read MoreStocks rally heading into the weekend
Don’t let 20.5 million layoffs in April get in the way of the stock market rally.
Read MoreU.S. Unemployment Rate hits 14.7%
The April jobs report was better than feared but it was still horrific.
Read MoreWatching Banks and Tanks
Banks and Tanks (S&P 500 Financial and Industrial sectors) are getting an early lift with the better than expected Jobs data. While the major market indices such as the S&P…
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