• All
  • Capitol Securities News
  • Equity Research
  • Independent Office
  • Locations
  • Market Commentary

Will tomorrow’s BLS labor report confirm the incredible strength in the ADP Private Employment Survey? ADP indicated that in January private employers added the greatest number of workers since May 2015. The data was almost ...

Equities came under pressure, the result of trade fears and disappointing factory data. Treasuries also declined in price, the inverse of what was expected to yesterday’s events. Oil on the other hand ...

Oil surged over 9% as OPEC cut production for the first time in eight years, a production cut in some estimates that was greater than anticipated.  Oil gained further momentum as inventories declined for the second consecutive week versus rising.  East coast inventories are at...

It appears every bulge bracket firm is forecasting considerable volatility in the coming weeks.  Is this the result of the lack of volatility of the last sixty days, the least volatile times in about 20 years according to some statistics?...

May’s jobs data is released at 8:30.  Analysts are expecting a 4.9% unemployment rate, a 160k and 150k increase in nonfarm and private sector payrolls, respectively, a 0.2% increase in average hourly earnings, a 34.5 hour work week and a 62.8% labor participation rate....

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. ...

Equities fluctuated following a rebound in crude prices. Inventory data suggested gasoline demand is increasing. As noted yesterday, US production is now at the lowest level since November 2014 and OPEC production declined in February for the first time in several years....

Yesterday I spent considerable time driving, passing the hours flipping between CNBC and Bloomberg. Perhaps 99.8% of all “reports” were focused upon oil and the economy, universally declaring oil will stay low forever and the economy will be stuck where it has been for the...

Oil was crushed about 8.5% yesterday following a rise in inventories.  As noted oil just had its biggest gain in six years, gaining 19.5% in four days for a myriad of reasons including a vastly oversold market, lower rig count and statements from OPEC suggesting...