The S&P 500 (SPX) has been on a wild ride this past trading week and it remains a guesstimate as to how investors will anticipate a trading week that ends ahead of a potential binary market driver. As we discuss the potential market and economic driving forces in this week’s Research Report, we encourage investors/traders…...
Welcome to this week’s State of the Markets with Wayne Nelson and Seth Golden. Please click the following link to review the SOTM video. This week we discuss the upcoming risks to the coming trading week, which will complete ahead of the December 15th tariff deadline/announcement. Employment data surprised strongly and with upward revisions to previous months, setting off a market…
Equity markets bounced back sharply on Wednesday and after three consecutive trading sessions found with selling pressure. The S&P 500 (SPX) managed to reclaim, hold above and close above the key 3,100 level Wednesday, even as economic came in worse than forecasted. Headlines continue to proliferate in the media from one day to the next…
The weekly expected move for the S&P 500 this week is $37/points. The S&P 500 has now fallen for 3 consecutive days and with media headlines blaming the decline on U.S./China negoitations and economic data (ISM Manufacturing). With the S&P 500 coming into the week at 3,147, just 9 points off its all-time record high…
The S&P 500 (SPX) hasn’t been down more than 0.7% on the first trading day of December since 2008. And then came December 2019, whereby the benchmark index fell by more than .85% on the first trading day of December for the calendar year. So what caused the market hiccup on December 2, 2019 that…
Welcome to this week’s State of the Markets with Wayne Nelson and Seth Golden. Please click the following link to review the SOTM video. In this week’s episode we discuss why this market is so illiquid and seemingly melting higher. Market liquidity works in both directions. Economic data came in much stronger than anticipated this past holiday shortened trading week, boosting…...
ByMichael WursthornDec. 1, 2019 5:30 am ET The bears are circling retailers ahead of the holiday season. Short sellers have revived their bets against bricks-and-mortar retailers in recent weeks, taking their most aggressive positions in months. Short positions against the SPDR S&P Retail fund, one of the biggest retail exchange-traded funds, last week hit 441%…...
Good Sunday and as a reminder, our weekly Research Report issuance will begin again on December 9, 2019. This week’s State of the Markets video is being postponed until further notice, as technical difficulties remain. We are attempting to record, however, this Sunday evening (December 1st) and if successful will deliver the weekly State of…...
MARKETS AND INVESTING: November 22, 2019 Read the latest Weekly Headings by CIO Larry Adam. Key Takeaways Plentiful Jobs Harvest Should Help Economy Trot On Low Turkey Prices Means More to Gobble Up All S&P 500 Sectors Part of The Positive Parade Happy early Turkey Day! We believe in giving thanks throughout the year, but…...
The record rally on Wall Street moves closer to Thanksgiving day as a fear of missing out (“FOMO”) may be creeping into the market. All major indices finished higher and with the S&P 500 (SPX) leading the way on Tuesday, closing up nearly 7 points to 3,140.52. The S&P 500 had its 10th record closing…
