Welcome to our latest State of the Market (SOTM). Please click the link to view the video. (58 minutes in duration) Outline: Introduction (0-3 minutes FOMC/Fed meeting, revert to data dependency, no rate hike, what was removed in statement, usual behavior of the Fed, market reaction to Fed, no catalyst for inflation via PCE Index…
The major averages were higher going into the Fed/FOMC rate decision announcement… and then they doubled their respective gains after the rate hike decision. The move in the market put an end to the Jerome Powell regime market trend of declines post the FOMC rate hike decision. What brought an end to this streak of…
In the evening’s technical market recap with Wayne Nelson, we discuss the Q1 2019 Apple earnings release and subsequent market reaction. In addition to looking at the market reaction to AAPL, Wayne discusses the outlook for the market, eyeing some key technical levels. Please click link to review video
Ahead of today’s Daily Market Dispatch, we want to remind our readers and subscribers that our weekly State of the Market video will be available on-site, firstly, to Premium Subscribers Thursday evening. Now let’s get into the market overview and what to expect from today’s Fed press conference! Although the Nasdaq (NDX) continued to suffer…
Please click the link to access our daily, Technical Market Recap with Wayne Nelson. Within the recap Wayne discusses the declines in both Nvida and Catepillar shares that proceeded there quarterly warning and releases. Wayne also discusses the overall market and earnings results that are and will continue to create market moves. The video is…
For the second straight opening-trading day of the week, the major averages fell sharply. And why did equities fall, with the Dow Jones Industrial Average (DJIA) falling more than 400 points at its low point of the day? Earnings, earnings and revenues! But here’s something interesting that also happened on Monday and akin to the…
Our weekly technical market recap for week ending January 27, 2019, inclusive of the major indices and specific tech names slated to report earnings this week. Please click link to review. Video is 41 minutes in duration.
Good morning to all. Please review our Technical Market Recap offered by Finom Group’s Wayne Nelson. Simply click the link to play the video with duration of 30 minutes.
As we look to round out the trading week with U.S. equity futures seemingly brushing off failed votes to reopen the U.S. government and a mixed bag thus far through earnings season, investors will have ample time to study the technicals of the market throughout the weekend. And with that in mind it shouldn’t be…
The U.S. economy is like a ship trying to navigate its way through difficult waters, JP Morgan Chase (JPM) chief Jamie Dimon said Wednesday. I would tend to agree with Jamie if not for the prolonged government shutdown, which hits its 34th day of being closed and with seemingly no end in sight. And this is not to say…
