Market Brief – 11/30/18

Much to the market’s surprise, Treasury yields are slowly falling despite a huge supply of Treasury bonds hitting the market from the massive fiscal deficits our country is running. The average investor sees this supply and interprets it to mean interest rates must go higher. Investors should look at lending demand, or businesses and consumers … Read more

Market Brief – Thursday 11/29/18

After a big 3-day rally in equities, Treasury yields finally reacted by falling in overnight trading. Equity investors are hopeful the Fed will pause, and a trade deal will be struck this weekend. Pending home sales fell -2.6% MoM in October after analysts were expecting a +0.5% MoM gain. This brings the year-over-year rate of … Read more

Market Brief – Wednesday 11/28/18

Stocks leaped higher as global stocks moved higher on hope the U.S.-Chinese trade war will soon be resolved and that the Fed will turn dovish. After the API reported higher crude inventories, investors were hoping the government data would show a much smaller build. They were wrong. According to the Department of Energy, crude inventories … Read more

Market Brief – Monday 11/26/18

Cyber Monday came early to the stock market, as the major indices quickly reversed all losses going back to Tuesday of last week. Investors are hopeful the Fed will become dovish, the trade skirmish with China will end at the G-20 meeting and that OPEC will cut production. Stock prices shot higher on above-average trading … Read more

Market Brief – Friday 11/23/18

Black Friday came to the stock market as investors eagerly bought stocks in early trading, but by market close, all major indices except for the Russell 2000 closed lower. Treasury yields fell to a prior area of support and the short-sellers defended on very weak volume. Eurozone flash PMIs are showing signs that the Eurozone … Read more

Market Brief – Wednesday 11/21/18

Durable Goods orders fell -4.4% MoM, but when stripping out the volatile defense spending, orders were up +0.1% MoM. Crude oil inventories came in higher-than-expected at with a +4.85-million-barrel build. With refinery maintenance season ending, many believe the inventory levels will fall. U.S. production remains at record high levels. The final data from October’s University … Read more

Market Brief – Tuesday 11/20/18

The margin calls went out early this morning as Futures and Forex (currency) traders got hit with delinquency notices. An insider reported that traders were selling their winners to buy their losers. Should stocks fail to rally, retail investors will get hit with margin calls tonight. Housing starts increased 1.5% MoM after September’s starts were … Read more