US stock indexes retreated this week, down -1% to -7% depending on the poison you picked. The most glaring divergence in the data is that small cap domestic stocks (IWM or Grandpa Russell) are down 38% for the year while …
US stock indexes Market’s bounced up around +11% with a little help from the Fed and a touch of emergency funding from Capitol Hill ($2 trillion). Meanwhile, the virus’s infection rate continues to explode, with NYC the epicenter. This week’s …
Markets worldwide got hit even harder this week with the Dow Industrials down -17% and down over - 32% YTD as humanity battles the spreading virus.
The massive drop of almost over 40% in IWM (Small Caps) this year highlights …
Market’s globally got hit hard as even traditional safe havens did not work. Many countries are on lockdown and most likely, we are already in a Global Recession. The 10 year plus bull market has ended officially with indexes down …
Equity markets digested last week's dead cat bounce and closed virtually unchanged as the virus takes in toll in both a rising body count and economically.
Despite the neutral close for the week, the most important indicator is a new …
The Corona virus continues to spread, and equity markets tanked globally. US equity markets were down -11% on average and there was not one foreign stock market positive for the week. This is one of the worst weekly selloffs ever, …
The Corona virus continues to run amuck and is creating havoc on human lives and the markets. So rather than focus on opinions about whether or not it will become a worldwide pandemic, let’s look at the immediate impact. First …
US stocks seem to like the bickering from democratic presidential contenders and the lingering threat of the Coronavirus, as three out of four US equity benchmarks hit new all-time highs.
Small caps and value stocks continue to lag.
As I …
The Senate acquitted President Trump this week ending the impeachment saga and China reduced tariffs on $75 billion dollars of US exports. Equity markets loved it, closing up over +3% on decent volume.
The overall picture for equities is still …
US equities tanked, and as we highlighted last week the spreading virus was simply the tipping point for an insanely overvalued and overbought market. Three out of four equity benchmarks are down for the year. Apple looks like it ran …