It’s finally here folks. The FOMC will announce its rate decision and hold its press conference after the release of the FOMC statement, at 2:30 p.m. EST. This FOMC day like previous ones under the leadership of Fed Chairman Jerome Powell comes with great politicization, polarization and provocation from the White House and media coverage. …
Certainly we’ve all heard the term, “don’t fight the Fed”? As we enter rate decision and future rate forecasting week, the theme and terminology will loom large overhead the markets around the globe. As we discussed in this week’s weekly Research Report, a binary outcome for the week is founded upon the FOMC and ECB…
Welcome to our second in a series of interviews with financial market participants, analysts, economists and more. Finom Group’s second interview is with Matt and Mike Thompson/CFAs, of Thompson Capital Management. Please click the following link to review the interview whereby Andrew and Wayne discuss the markets and how the approach the market on a…
After a torrid start to the month of June, equities have cooled off a bit with Crude and Brent oil failing to find a solid floor and bond yields seesawing. In fact, even with crude oil falling to $51 recently, the S&P is nowhere near where it was even the last time Crude oil was…
The following screenshot depicts just how quickly the economic situation can change with an equity market near it’s top and as a major correction takes place, only to be followed by a V-shaped recovery. Household net worth had the biggest one-quarter decline, outside of the great recession, followed by the biggest one-quarter jump, outside of…
Who believes in the latest equity market rally? After a month-long, near 7% S&P 500 drawdown/decline, the benchmark index has roared back nearly 4.5% in about 6 trading sessions. But what augers concern is the seemingly sanguine signal from the VIX. We’ll get to that in just a minute, but first… The S&P 500 (SPX)…
Welcome to our first in a series of interview with financial market participants, analysts, economists and more. Finom Group’s first interview is with Andrew Thrasher CMT, of Thrasher Analytics Please click the following link to review the interview whereby Andrew and Wayne discuss the markets and how the approach the market on a daily, weekly…
After the S&P 500 fell nearly 7% from its all-time high, Tuesday’s snapback rally might find investors more upbeat about putting capital back to work. Tuesday found all the major indices higher by greater than 2% and with the Nasdaq (NDX) leading the way, up 2.65% to end the trading session. It was just a…
Monday proved a rather volatile trading day, but one would not have truly recognized how volatile it was by simply reviewing the end result in the major indices. The Dow Jones Industrial Average (DJIA) was down by more than 100 points going into the final 30 minutes of trading, but finished higher by roughly 5…
Welcome to this weeks rendition of State of the Markets with Seth Golden and Wayne Nelson. Please click the following link to review the video that runs 1.10hr in duration. Feel free to utilize the outline below for ease of navigation and future reference. Brief introduction to the markets and what is effecting markets in…
