The next several days could be pivotal in determining the intermediate direction of the markets given the multitude of high profile events. Last night Apple’s earnings were posted.  Initial interpretations were negative with shares at the time of this writing down about...

Welcome to November.  As widely noted October was the worst month since 2011.  Will the rout continue? Many times I have commented about the massive imbalances in the markets.  It appears every aspect of the market—compliance, trading, portfolio management, etc.—has gravitated to passive/index investing where by...

Will history regard Senator Reid’s 2013 ending of the Senate filibuster and the 2014 OPEC decision to flood the world with oil as two of the worst political calculations in recent history?  Both have the potential to have an infinite number of unintended consequences as...

Many times I have commented Main Street will outperform Wall Street, a theme I first began discussing about 18-20 months, partially the result of valuations and the preponderance of monies following the largest capitalized momentum growth issues suggesting this sector was vastly over owned. I...

Today is the Inauguration.  I vividly recall President Obama’s 2009 inauguration speech.  While I did not vote for him, I found his comments hopeful and uplifting, thinking give this guy a chance to see if he can unify and heal the country....

Treasuries fell while the dollar advanced in a reversal of Tuesday’s trading as the markets weighed the prospect of rising inflation against the political uncertainty of a Trump presidency.  Equites fluctuated amid corporate results....

Where are the markets going?  Was there the proverbial “buy on rumor and sell on fact” as now most will become focused upon transforming Trump’s words into action and policies?  Will the averages be spooked if there is a delay in confirmations?...