In our daily market dispatch Thursday, we discussed the bear vs. bull debate with a focus on the bear case delivered by Morgan Stanley. The firm’s chief market strategist has outlined its bearish case for a rolling bear market and offered the $1trn market cap achievement by Apple Inc. (AAPL) as highlighting the possible end…
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…...
After a rough open for the tech-heavy Nasdaq and usually supportive FAANG stocks, the market quickly rebounded intraday. All major averages, on the heels of a worse than expected Netflix subscriber addition number and share price plunge near 12% overnight, finished higher on the day. What may be even more remarkable than the intraday reversal…
Investors bore the brunt of President Trump’s announced $200bn trade tariffs on China, set to go into affect as early as September and after a review period. All three major indices fell on the day, but outperformed their global equity market peers by falling less than 1% across the board. Although China has vowed to…
If you’re an investor or trader, you’ve probably heard the following words dozens of times: This time is different. While you may have heard these famous words, you may not know the full context for which they were originally offered by Sir John Templeton, who wrote “16 Rules for Investment Success” in 1993. The following…
If you just waking up after a long Memorial Day weekend and seeing U.S. equity futures sharply lower, it’s time to get to work. U.S. equity futures are down almost ¾ of a percent on concerns about the potential for another Italian election within a few months. In particular, they’re worried a win for populist…
If you’re an investor or trader, you’ve probably heard the following words dozens of times: This time is different. While you may have heard these famous words, you may not know the full context for which they were originally offered by Sir John Templeton, who wrote “16 Rules for Investment Success” in 1993. The following…...
Yesterday’s Fed minutes proved market moving. Prior to the release of the Fed minutes, the major U.S. equity indices were trading lower with the Dow off greater than 100 points. That all changed once investors were able to look inside what the Fed was considering for its rate hike path and why. Let’s now take…
