Bespoke Investment Group has quantified recent market volatility. According to Bespoke, the number of “all or nothing days,” or trading sessions when the number of advancing stock minus the number of declining stocks in the S & P 500 reaches more than 400...
Capitol Securities Management, Inc. continues its expansion plan with the opening of a new full-service branch office in Charleston, South Carolina. The branch will be led by Larry Bendt formerly of JHS Capital Advisors, LLC. The Charleston branch is the latest of the company’s regional offices...
The headlines are horrific but do the headlines really reflect reality? Bad is good and good is bad, an environment where everyone has a view, a view that is automatically taken authoritatively given the unedited blogosphere. It can be argued these radically different...
Markets traded lower Friday on August’s employment data. I believe the statistics were mixed and can be used to make a case for or against a rate hike at the upcoming FOMC meeting. I again ask does 0.25% really matter economically? Unfortunately it...
Is the economy accelerating, the inverse of popular narrative? August’s ISM non-manufacturing index rose to the second highest level since 2005. The backlog jumped to the greatest point since 2007 and the new order index is now at a 10 year high. This...
The volatility is incredible. Typically the three weeks leading into Labor Day are quiet and uneventful. The three weeks following Labor Day new trends are potentially established thus resulting in higher volatility. Will 2015 be the inverse?
...The weeks leading into Labor Day are historically quiet. To write the obvious, the last three weeks have been nothing but quiet. The must owned names are imploding. Oil was crushed then staged a 3 day 27% rally, the greatest since the Kuwaiti...
Many times I have commented about the velocity of change and to expect the unexpected. Equities had their worst month since May 2012 as the most owned momentum stocks imploded sending some issues down almost 30% in a few weeks.
...Friday was a relatively uneventful day, a very welcomed day given the intense volatility experienced during the past two weeks....
The carnage has been great. CNBC reports 96% of S & P 500 stocks are in “correction territory” defined as declining between 10% and 19.9% for the year and 51% are in bear market territory defined as dropping over 20% YTD....