Daily State of the Markets
The Current Line In The Sand Is...
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While stocks have bounced in an impression manner of late, the question of the day remains the s…
A Look At The Big Picture Indicators
Modern times demand modern thinking in portfolio design. Learn more...
With the markets having basically marked time yesterday, it provides us an opportunity to ignore…
The Indicators Tell Us...
Modern times demand modern thinking in portfolio design. Learn more...
With the S&P 500 having moved higher for a third consecutive week and now sitting 9.3% above…
Has FOMO Returned?
Wanna know what happens when all the fast-money types get fooled at the exact same time? Yep, that's right; a short-covering/risk-on/hysterical panic on the first day of March, that's what.
I am often amused by those who feel compelled to call/email/text to tell me with absolute c…
Near Term Action is Key
Although there continues to be a great many moving parts in this market, the key to the near-term would appear to be the price action. Cutting to the chase, the question of the day is if the recent break to the upside, which would seem to argue for higher prices ahead, has turned into the…
Should We Be Skeptical Here?
After a second consecutive week of gains in the stock market, most investors are likely breathing a sigh of relief right about now and a great many pundits can be heard proclaiming that the bear is over. To be sure, things certainly "feel better" in the stock market. And it is true that s…
What's Next After the Bounce?
Stocks enjoyed their best weekly gain of 2016 last week as the Dow Jones Industrial Average closed up +2.62%, the S&P 500 rose +2.84%, the NASDAQ Composite advanced +3.85%, and the Russell 2000 was up +3.91%. Interestingly though, oil, as measured by the US Oil Fund ETF (USO), rose on…
The Bad News: It's a Bear Market. The Good News Is...
After a pretty crummy week, stocks finally perked up on Friday. The reason for the rally was simple. First, crude oil enjoyed its best day in years with a gain of more than 11%. And then banks on both sides of the Atlantic bounced with the BKX gaining 5.2% and European banks rising about …
All About Jobs (And "FANGs" and...)
Despite what appeared to be a pretty decent jobs report, stocks basically fell apart on Friday. So with Ms. Market once again confusing the masses, I thought it might be a good idea to try and make some sense of the action.
In reality, there are three topics to discuss here: (1) t…
Understanding the Insanity
It was definitely another wild ride in the stock market yesterday as the DJIA first fell nearly 200 points on the back of weakness in oil and an economic report in the U.S. that clearly came in on the punk side. But by the time the closing bell rang the Dow's screen was green - to the tun…