Market Overview

The main driver of the investment climate is not so much the incremental economic data as the capital markets themselves. The market turmoil contributed to the tightening of financial conditions,...

We think that it’s still too early to say whether Friday's price action was simply profit-taking ahead of the weekend, or the resumption of overall negative market sentiment. We think the...

The CFTC Commitment of Traders reporting week ending February 16 was short due to the US holiday. This may have contributed to the small adjustments to speculative positioning in the currency futures....

Generally, real interest rates are negatively correlated with the price of gold, i.e. rising interest rates adversely impact the yellow metal. For example, in the article entitled The Golden Dilemma,...

I read tea leaves which are constantly in motion. It not hard for me to paint a doom-and-gloom picture one week, and the next week say that everything is coming up roses. I do not fall in love with...

Jim Jubak’s Juggling with Knives (I couldn’t resist the alliteration): Smart Investing in the Coming Age of Volatility (PublicAffairs, 2016) is a thoroughly enjoyable if somewhat unnerving...

'Optimism is a happiness magnet. If you stay positive, good things and good people will be drawn to you.' Mary Lou Retton The world can be a downright difficult place, so much so one can be forgiven...

A few months ago, I wrote about strong insider buying and how it can be a promising sign for a company’s future stock performance. Last week, JPMorgan Chase’s CEO Jamie Dimon paid $26.6M...

How did the market perform this week? No extreme days of market breadth or volatility. That’s a positive. And the Dow Jones was off its lows of last week. However since January 12th it has yet...

Maybe after a couple generations the Japanese have finally had enough. Perhaps QQE was large enough so as to leave no doubt that not only did it fail, but that it was the same result registered time...

U.S. stocks finished the regular trading session in mixed fashion to wrap up a relatively positive week for equities across the globe. Crude oil prices were under pressure to weigh on the energy...

DOW – 40 = 16,413SPX – 8 = 1917NAS – 46 = 448710 Y – .06 = 1.76%OIL – .12 = 30.54GOLD + 22.30 = 1231.70After spending 2015 calling for rate hikes St. Louis Fed President...

The drop in U.S. Treasury yields continues. A little over a week ago, the yield on the 10-Year Treasury hit a three-year low of 1.57%. This week’s chart shows you what rate Uncle Sam has been...

Last week’s review of the macro market indicators which heading into the February Operations Expiration Week, saw the equity markets came in with a weak move lower and then consolidation and...