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…
Another record setting day on Wall Street to start a holiday shortened trading week. The Dow (DJIA) ended the day above its previous closing high of 28,036.22 set Nov. 18, the S&P 500 (SPX) surpassed its previous closing record of 8,570.66 set on Nov. 19, while the Nasdaq (NDX) finished the session above its last…
Finom Group wants to take this opportunity to wish everyone a festive and safe Holiday season, spent with friends and family. We hope to see you back here, taking part in our well-researched financial market narratives and research reports. Subscribe today to take advantage of our Premium and Contributor Membership level exclusive video analysis and…
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 some of the seasonal factors at play in the market coupled with what has been a uniquely illiquid market. Market liquidity works in both directions. Housing data continues to surprise to…...
Equities took a step back on Tuesday and after another negative trade headline surfaced. On Wednesday, Reuters reported that a phase-one agreement between the U.S. and China may not be completed until next year, as Beijing presses for greater reductions in tariffs and the U.S. President Donald Trump’s administration pushes back with its own increased demands.…
Coming into Wednesday’s trading session on Wall Street, equity futures are pointed lower as media outlets seek out find a geopolitical story of consequence. With the U.S. and China engaged in trade talks, seeking a phase 1 trade deal, reporters gained access to President Donald Trump with the impetus to decipher progress on the trade…
