Equities rose, the result of earnings and stronger than expected economic data. Trade tensions still remained at the forefront albeit was not weighing upon market sentiment. Oil also rose on rising Persian Gulf tensions, tensions that some believe are at the brink of ...
Equities rebounded as the President insisted a trade deal with China is still within reach. Oil also advanced on the headlines. Some however wrote the 1.3% gain was the result of ...
Equity markets declined yesterday on mixed earnings. Disappointing results from both Alphabet and Samsung overshadowed stronger than expected profits from GE and Pfizer. Oil rose on Venezuelan unrest, Saudi Arabia signaling a ...
A statistic from Art Cashin places the myopicy of today’s market into proper perspective. There are only 13 stocks in the S & P 500 making new highs. This is the narrowest advance in history, being pushed by an ...
The NASDAQ 100 is up over 23% for the year. Approximate half of the gains are from four stocks according to Bloomberg. What is more striking the NASDAQ 100 has hit three consecutive highs while the equal weight index ...
Markets were quiet on light volume ahead of an earnings deluge, a deluge that includes some of the companies that have powered the rebound from its December lows. The oil market however was not quiet. Crude leapt to its highest level in almost six months...
Equities were again mixed as a group of high profile earnings offered disparate clues on the strength of the economy. Treasuries continued to slump with rates falling to levels last seen before the Fed’s dovish tilt a month ago. Oil advanced about ...
It appears the economic landscape is chaotic. The dramatic shift of the Federal Reserve, trade, the use of algorithms, all drive the uncertainty in the markets and geopolitics. There are huge changes in narratives that ...
Equities were mixed yesterday as the NASDAQ led by the technologies advanced and the Dow fell. Equity volume was muted. Treasury yields were relatively lower and oil rose after Saudi Arabia announced even deeper cuts and Venezuela is...
Equities partially reversed course following a tweet from Senator Rubio that his introducing a bill to tax stock buybacks and equal footing with dividends. I recall reading about his proposal several days earlier in a report talking about how stock buybacks is greater than...