Market Brief – Thursday 12/6/18

Stocks were pummeled out of the gate as a huge sell order came in yesterday when the futures market opened, which caused the major indices to open lower. In the past, large sell orders would be buffered by the securities dealers, but they aren’t doing that anymore. Welcome to a computer-traded market. Instead, the futures … Read more

Market Brief – Tuesday 12/4/18

In what was expected to be the early stages of a bull market surge for stocks, stock prices took a hard reversal today. Reports from China are showing a different interpretation of the G-20 dinner between President’s Trump and Xi, while at the same time the Trump Administration appears to be backtracking on their interpretation … Read more

Market Brief – Monday 12/3/18

Global markets rallied on a 60-day extension of the next round of tariffs by President Trump. Without any material commitment from China, this is just a stalling tactic by President Xi. Investors seem eager to buy stocks and this news gave them every excuse to do it. Trading action on the U.S. indices suggested not … Read more

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