Welcome to this week’s State of the Markets. Please click the following link to review the SOTM video. Our emphasis in this week’s SOTM video concerns the S&P 500 breakout above 50-DMA, market drivers of the week, Nonfarm Payroll data, recession hype, the bullish thesis for the market may not be what most people believe it to be and what…...
Good evening traders/investors. With the S&P 500 breakout of the recent box pattern and closing above the 50-DMA for the first time since August 1, 2019. The following chart identifies not just the aforementioned occurrence, but the clear and present breakout of the S&P 500. But that is not what this evening’s Special Report aims…
Geopolitical headlines have tilted in favor of the bulls after a month long bearish salting through August. Remember, the S&P 500 was down over 1.5% for the month of August as Hong Kong protests, U.S./Iran sanctions took form, Brexit issues escalated and U.S./China trade relations worsened. Certain of these geopolitical issues, which have economic policy…
Geopolitical exogenous events continue to rattle markets and are creeping into the macro-fundamentals by way of economic data. U.S. equity markets were set to open lower on Tuesday and after the elongated holiday weekend, as additional tariffs were levied against China on September 1st. While that geopolitical issue was met with a flight from risk…
Now that’s how you bounce back from a sharp decline in the previous week. And why did markets bounce back this past trading week; markets made it so. When it was all said and done for the trading week, the S&P 500 (SPX) bounced back strongly, ending Friday up 2.79% from the previous Friday. We’re…...
Welcome to this week’s State of the Markets. Please click the following link to review the SOTM video. Our emphasis in this week’s SOTM video concerns the event risks heading into the Labor Day weekend, underlying economic data that gathers less attention than trade headlines, pension fund rebalancing contributing the majority of the market action this past trading week and…...
After a sharp drop for stocks at the opening of trade Wednesday, U.S. equities rally more sharply through the remainder of the trading day and took back all that it had lost from Tuesday and more. The S&P 500 (SPX) rose roughly 19 points or .65% on Wednesday as the onset of end-of-month rebalancing proved…
Markets went on another wild ride on Tuesday with the S&P 500 (SPX) opening higher and trading higher in the first half hour of the day by as much as 20 points. The benchmark index nearly touched 2,900 before tumbling, giving back all of its gains and falling some 38 points from the intraday high…
Global and domestic markets went on a roller coaster ride from Sunday night through Monday’s U.S. trading session. Headlines coming from the G-7 summit stated that the U.S. received multiple calls from China concerning trade. President Donald Trump said Monday that China is ready to come back to the negotiating table and the two countries…
Given the state of macro-affairs that are bleeding into the market outlook, this week’s Research Report will discuss the implications for investors going forward, and largely forgo subject matters related to fund flows as we continue to recognize a flight out of equities and into bonds that has been persistent for the last 3 years.…...
