Welcome to this week’s State of the Markets. Please click the following link to review the SOTM video. In this week’s episode we discuss the craziness that comes with October markets. While the economic data is supportive of trend-growth, it has shown signs of weakening in the ISM data series. The 4th quarter has a reasonable setup for the markets…
If you thought Tuesday was a somber day in the markets, Wednesday performed that much worse and with the S&P 500 falling another 1.8 percent. The benchmark index broke down and through the 100-DMA at the onset of the trading day and before bouncing off the 200-EMA. With equity markets retreating, hedging activity has also…
Can we extrapolate any positives from a sharp decline in the S&P 500 (SPX) and peer indices on Tuesday? I ask that question given how far ranging and polarizing market participant views have become. With the question put forth, my answer and subjective perspective suggests there was at least one positive takeaway from the daily…
Out with September and in with October. Our recency bias might suggest that September was a rough month, but it was only in the final trading week that the S&P 500 (SPX) faltered a bit. In fact, the seasonality that presides over the indexes performance was quite precise when we look at the Bespoke Investment…
“In order to know where we’re going, you need to know where you’ve been.” This quote by Maya Angelou is no less important to investors as they look forward to another trading week. With this in mind, we are forced to recognize the S&P 500 has faltered for 2 consecutive weeks, losing .5% two weeks…
Welcome to this week’s State of the Markets. Please click the following link to review the SOTM video. In this week’s episode we discuss the domestic political strifes that are overflowing into the equity markets. While the economic data is supportive of trend-growth and stable earnings, the market has been whipsawed all week long from headlines related to global trade…
The only sample size smaller than two is obviously one, but that’s how many times the stock market has combatted an impeachment, inquiry or otherwise. And with the headlines buzzing on the latest impeachment inquiry, they took the equity markets on a wild ride Thursday. Only twice before have the markets dealt with the threat…
And then the market got itself a’going! Tuesday was a jam-packed day of headlines that began with comments out of the United Nations General Assembly. Speaking to the U.N. General Assembly in New York, the president struck an bifurcated tone about reaching agreements with Beijing and other major trading partners. While slamming China for what…
What drove markets on Monday? Apparently nothing, as all 3 major U.S. indices finished just about flat for the day. It was if the trading day never took place if one looks at the closing values. The S&P 500 finished the trading day off .29 points for the day and on the heels of a…
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 latest FOMC rate cut announcement and what we might expect from the economy and market going forward. We look at certain analogues and past examples of rate easing cycles. Additionally, we discuss some…
