Good weekend to everyone and with the final trading day of calendar year 2018, we can’t help but desire the calendar year to end with some semblance of positivity. Last week kicked-off a holiday shortened trading with much anxiety being created for investors on Christmas Eve and as the market meltdown continued. The S&P 500…
Thursday may have proved to be a signal to investors or at least traders that the selling pressure will continue to persist as global economic and political uncertainty also persists. The two have gone hand-and-hand since October. We can suggest the Fed’s “autopilot” commentary sparked the market correction, but other factors have been looming over…
At its apex yesterday, the Dow (DJIA) was up some 350+ points. All major averages were up greater than 1% going into the 2:00 p.m. EST FOMC rate hike announcement. By and large, market participants were expecting/anticipating a dovish Fed rate hike. By and large, that’s what they got. The problem then, as the major…
Since the FOMC’s September meeting and when it stated that it was “a long ways away from the neutral rate”, the market has been in a state of turmoil. The S&P 500 has fallen by some 12%+ since that time, taking out the February lows. Market volatility has remained elevated over this period of time.…
While headlines on trade and/or the White House administration seem to pour out of the media on a daily basis, investors continue to be whipsawed and tumbled about, trying to decipher what is more meaningful to the future of corporate earnings. Yesterday’s most impactful market headline came on the global trade front. According to reports,…
Hedging your long portfolio may be the best way to position oneself as global equities find more selling pressure following the steep declines on Wall Street from Tuesday. U.S. equity futures are pointing to another sharp decline as headlines broke overnight concerning the arrest of Huawie’s CFO. Canada has arrested Huawei’s global chief financial officer in…
Everything bounced on Monday on… well there really wasn’t any significant news for which the market could reactively bounce. Sure the UK and EU agreeing on a Brexit format/plan was a positive, but it’s highly unlikely that would cause a greater than 1.5% move higher in the S&P 500 (SPX). No, we simply found some…
