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Bond yields rose again yesterday sending the widely owned tech shares lower. Bloomberg opines that if interest rates continue to ...

Wow!   Depending upon the oil inventory survey, inventories last week declined between14.5 and 12 million barrels versus an expected increase of between 905,000 and 225,000 barrels, respectively.  This was the largest drawdown in either 17 or 30 years respectively and was the greatest “miss” in...

Many times I have commented about the impact of algorithmic or technology based trading, the trading strategy based on momentum rather than analysis.  In my view the basic tenant of this philosophy is past performance is indicative of future performance....

As widely accepted the Federal Reserve increased interest rates for the first time since 2006. The Fed also stated any future increases will be “gradual,” signaling four quarter point increases during 2016....

Oil tumbled to a six year low, touching off a rout in the equity markets as energy related shares tumbled with currencies of commodity producing nations. The dollar rallied. In other words, trading was similar to that of the last 10-12 months….long the dollar and...

It was an ugly day yesterday as the markets reminded me of September’s swoon, trading dominated by HFT. Markets are searching for direction, especially relating to monetary policy. The ECB raised the specter of additional QE while it is almost a forgone conclusion of an...

Yesterday I wrote global economic conditions are not as dour as the headlines suggest. I typically write the body of these comments the night before, fully aware of the upcoming statistics but not the data itself....

Equites ended higher in moderately volatile trading, perhaps the result of HFT. Averages are now at the upper end of their recent trading range. Will shares reverse course or will the advance continue?...