Market Overview

'What comes first, the compass or the clock? Before one can truly manage time (the clock), it is important to know where you are going, what your priorities and goals are, in which direction you are...

Consider first the macroeconomic story. The Japanese economic recovery continues. Growth in the first quarter at an annual rate of 2.4% was the fastest among the large developed economies, with...

Technical Developments to Watch:EUR/USD testing support in the 1.0850-80 zone GBP/USD back above its 20-day EMA on rate hike expectations USD/JPY bias has turned back higher as safe haven demand...

Well here I go again breaking one of my own cardinal rules – i.e., being critical of someone else’s writing. Must be getting cranky in my old age. Anyway, I recently read an article...

At the macro level, the IMF lowered their global growth outlook. The first quarter slowdown in the developed world (largely the US but to a lesser extent Canada) led to decreased 2H15 projections,...

The IBD/TIPP Economic Optimism Index reported this month continues to indicate weak individual optimism. For July, the IBD/TIPP Economic Optimism Index was below the neutral 50% level for the third...

DOW – 119 = 17,731SPX – 12 = 2102NAS – 25 = 514610 YR YLD – .05 = 2.27%OIL – .74 = 48.45GOLD – 3.60 = 1091.40SILV – .14 = 14.76Greece can begin bailout talks....

Target (NYSE: TGT). Home Depot (NYSE: NYSE:HD). Apple (Nasdaq: NASDAQ:AAPL). eBay Inc (NASDAQ:EBAY). Bank of America (NYSE: NYSE:BAC). These are just a few names on the growing list of companies that...

When high finance first comes to mind, one immediately thinks of the excesses. The $10M birthday parties, the "wolves" of Wall Street, and the Goldman bonuses. However, the financial services...

The Greek deal reached in the early hours of last Monday and ratified by the Greek parliament Wednesday drew a sigh of relief from investors. Unfortunately, that reaction was not simply premature....

Summary: What looked like the promising start of a new uptrend reversed hard this past week. There's a plausible scenario for SPX to fall under 1980 in the weeks ahead. Most of the indices ended the...

I was just looking at some of the material from the latest Fed fumble, which was the leaked files of the Fed’s projections over the next five years. What a joke! Just take a good look at one of...

Last week’s review of the macro market indicators suggested, heading into the week that the thermometer was getting hotter and so were the equity markets with the NASDAQ:QQQ leading the charge....

Friday's release of the June New Home Sales from the Census Bureau at 482,000 was well below general expectations, and the previous month was revised downward. The Investing.com forecast was for...