The S&P 500 (SPX) came within 9 points of reaching it’s all-time record high earlier in the trading week and before declining in the latter part of the week. As shown in the chart below, the greatest daily decline for the week came on Friday, with a drop of roughly .70 percent. All three major…...
Posted on August 6, 2018 by Andrew Thrasher, CMT I’ve spent a great of time looking at and studying the volatility market. By no means am I the most knowledgeable on the topic, I’m not that naive. But I’ve been fortunate enough to have my research on the volatility index recognized by the CMT…...
Week in Review In the face of drum beating bears and prior tech sector meltdown quarterly reporting from FANG stocks, the 3 major averages have held together quite well in recent weeks. Last week, the finale of FANG reports was delivered by Apple Inc. (AAPL) and served to deliver the first $1trn market cap for…...
Market and Volatility Commentary Upside for EM Equities and Value; Evolution of the Trade War; End of Cycle and Fiscal Measures Value Rally and EM Equities: 30 July 2018 Marko Kolanovic, PhD: Global Quantitative and Derivatives Strategy Bram Kaplan, CFA J.P. Morgan Securities LLC Earlier this month, we upgraded EM and Value equities in our Asset…...
That was something for all the market pundits and critics to behold last week was it not? The mantra surrounding the disbelief in the market rally that started in late April has been FANG, FANG, FANG. What we actually saw during the 5-day reporting cycle for FANG, however, was a market that held up rather…...
It was a big “nothing burger” for investors in the equity markets last week, as by and large the major averages finished nearly flat on the week. For the week, the Dow eked out a gain of 0.2%, while the S&P rose less than 0.1%. The Nasdaq notched a decline of less than 0.1%, enough…...
Barron’s: What’s the good word, if any, on the economy and the markets? Jeffrey Gundlach: We are more cautious about 2019 than about this year. We always start by asking whether a recession is coming. We have found about a dozen indicators to be helpful on a forward-looking basis. At the beginning of this year,…...
Last week, the Q2 2018 reporting cycle kicked-off with some of the big banks reporting quarterly results. JP Morgan Chase (JPM), Wells Fargo (WFC) and PNC Financial reported results. JP Morgan’s report was quite strong, but failed to find the stock gain any traction with the entire sector falling once again. We now have Q2 results from 4…...
What Makes A Great Investor? Posted on July 12, 2018 by Andrew Thrasher, CMT There are many ideas to what makes a “great” investor. Different qualities exemplify themselves in different market climates as we’re always being tested from different angles. Whether it’s our Commander and Chief firing up his Twitter app one morning, a break…...
Investor Sentiment This year has been a year unlike more recent and years whereby the markets trended steadily higher and were somewhat predictable. No, 2018 has been found with lesser investor confidence and enthusiasm post the January period where the tax cuts/fiscal stimulus was otherwise priced into the market. A recent read on institutional-investor confidence…...
