A QUIET DAY
It was a relatively quiet day as prospects for a stimulus deal remained elusive while COVID cases increases. The NASDAQ closed nominally higher and the Dow nominally lower. Treasuries were ...
It was a relatively quiet day as prospects for a stimulus deal remained elusive while COVID cases increases. The NASDAQ closed nominally higher and the Dow nominally lower. Treasuries were ...
The Dow was essentially unchanged but the technology laden NASDAQ fell about 2%, the result of another “major” federal and state antitrust lawsuit against a major social media company. Equities were ...
Tuesday a record $56 billion of the three-year Treasury note was auctioned. The demand was “poor,” falling 1.5 standard deviations below the one-year average according to Bloomberg. The Treasury is ...
Big technology companies advanced yesterday on hopes of a new stimulus package. Energy and financials declined on increased COVID cases. There was little response to the...
Equities led by energy and the financials advanced on nominally disappointing jobless data. Treasuries yields rose to the highest level in nine months and the dollar as well as the ...
November’s employment data is released at 8:30. Will the statistics continue to surprise on the upside as been the case in every month except one since the commencement of the pandemic. Perhaps more ...
Equity markets were relatively quiet yesterday as the tug a war between rising COVID cases and initial vaccine distribution continued. Equites had little ...
Equities advanced on vaccine optimism. Markets were also cheered by the stronger than expected growth in China and India. The dollar extended its slide to a more than a...
Commodity Trading Advisors (CTAs), or managers that typically make money by riding trends in financial futures, are the next systemic “no risk” trading program that is now ...
Friday the all-inclusive employment data is released. Data has surprised on the upside for every month since March for the exception of one. To write the obvious, job growth is ...