The big news this week is that the Hawks at the Fed are circling the market. Hawks are raptors, carnivorous hunters. Will exhausted and weakened stock bulls be the special on the menu in 2017?
US equities took a breather …
This week’s Market Outlook is late because I needed to figure out the data behind the market secret covered below.
As traders or investors, we can probably agree on the fact that too much of a good thing usually doesn’t …
This week, three out of the four key US equity indexes posted weekly losses, signaling a pause in the post-election rally. More telling is that market internals which hit frothy levels have been weakening. Volume indicators are showing distribution in …
Movie -“Young Frankenstein”
Regardless of one’s political bent, it is hard to argue against the fact that the Trump victory equates to a brain transplant for the world’s only superpower. At a minimum, it’s in the throes of an identity …
In our October 30 edition of market outlook, we highlighted that several months of market consolidation coagulating just a few percent from market highs was a recipe for something big to happen with the presidential elections as the tipping point. …
Equity markets closed down every day this week, breaking support and the 6-week trading range while Trump gained in the polls. Call it cause and effect. The S&P 500 dropped almost -2% for the week, down almost -6% from all- …
Artist: JR Lancaster
From: Schneider Art Collection
Market Outlook October 30, 2016
By Keith Schneider
The unique and rare compression pattern in US equites was nearly broken Friday when news surfaced that Hillary Clinton is back under FBI investigation. The …
Stocks and bonds were relatively quiet this week.
Even the final presidential debate could not get the major averages to choose a side (bullish or bearish).
Perhaps this is because the machines are driving the day to day action right …
“Russian Parliament in Session”
Adding to the circus like election atmosphere, longtime Putin ally and state award winner Vladmir Zhirinovsky, a wacky ultra right wing Russian lawmaker, made a stunning endorsement. He advised US voters to vote for Trump in …
US Equity Markets continued to mark time by staying locked in tight trading range of 3% since digesting the Brexit vote.
The comedy show called the US presidential elections took center stage Friday as the Trump faux paux de jour …