Wow! Who thought three months ago the Republican nominee would be known before the Democratic nominee? Three months ago all thought Hillary Clinton would have clinched the nomination by Super Tuesday at the latest. Four weeks ago the accepted wisdom was a contested Republican convention....
A Fed official stated yesterday an interest rate hike in June is indeed plausible. The markets are suggesting the odds of such are about the same as that proverbial snowball down under. ...
Stocks rose as the dollar weakened to the lowest level in almost a year on lowered expectations of higher interest rates. Gold rallied and is now at the highest level since January 2015. Oil fell after a 20% surge in April and 76% gain since...
Last week the S & P dropped by the greatest amount since February amid lackluster earnings for several large cap momentum issues and disappointing economic data. This week can again be of significance given many of the second tier companies post results, results that can...
Equites, led by technology, fell almost 1.25% on central bank hesitancy of adding more stimuli. The dollar fell to a 10 month low and oil rose to a six month high. First quarter GDP disappointed on the headline number but was stronger than expected on...
The NASDAQ fell about 0.50%% as Apple and Twitter vastly disappointed. The S & P and Dow posted nominal advance, the result of rising crude and an uneventful Fed meeting. If I wrote three months ago the typical stock would be up following a profit...
Stocks slipped amid disappointing earnings for several “must” own growth entities even as crude advanced on the growing belief the oil market will be “balanced” sooner rather than later....
Equites fell amid some disappointing results. A drop in crude prices also weighed on the market albeit oils stocks were essentially unchanged. The biggest decliners were phone and consumer staple companies. Utilities also fell and have suffered their worst two days since November. All three...
Equites rallied as oil climbed to a 2016 high after Iraq’s oil minister said major OPEC and other producers will meet possibly next month is a new push to freeze output. US crude output also fell more than expected to the lowest level since October...
Equities ended moderately higher on earning optimism and a rebound in crude....