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Gold Futures Under Pressure After Stronger-Than-Forecast Jobs Number
Friday, July 5, 2019 - 10:36am | 1573Read More...You could think of today’s trading like a burger you might have had at a BBQ yesterday. It’s a meaty day of data sandwiched in between the Independence Day holiday and the weekend. Though many investors are likely to use the Thursday holiday as a reason to take an extra-long...
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Friday's Market Minute: Fireworks In The Market
Friday, July 5, 2019 - 10:24am | 290Read More...It’s been a short but memorable holiday trading week, with markets gapping up after Sunday’s open on reports of positive developments in the U.S./China Trade War and continuing to drift up during the week. Three of the four major equity index futures notched new all-time highs,...
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Wednesday's Market Minute: The Arms Race in Markets
Wednesday, July 3, 2019 - 10:16am | 244Read More...Conflicting signals in markets right now are less perplexing if you picture two opposing camps piling into bets on the outcome of an expected reversal in Fed policy; one that views endless accommodation as endlessly bullish, the other as catastrophic. One camp says the Fed will acquiescence to...
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Fourth Of July Pop, Boom, And Sparkle: Summer Seasonal Stocks To Consider
Tuesday, July 2, 2019 - 12:38pm | 1152Read More...What many call the most American of holidays—Independence Day—is a big one for recreational spending. July 4 falls on a Thursday this year, which could temper spending somewhat versus a weekend holiday. But most Americans will still shell out some cash to party, whether it’s for a...
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Turbulence Ahead: Banking Sector Might See Interest Rates Slow EPS Growth
Monday, July 1, 2019 - 11:47am | 1722Read More...It doesn’t happen a lot, but sometimes an industry telegraphs a rough earnings season ahead. Arguably, we’re seeing that lately with the Financial sector, which continues to see fundamentals work against it in many ways heading into Q2 reporting time. Banks face a slowing economy...
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Wednesday's Market Minute: Risk On
Wednesday, June 26, 2019 - 10:36am | 322Read More...The historical movements in markets have contained the phrase “risk-on” as investors are moving assets into equities and out of treasuries. The line has been blurred over the last 10 years as bonds have risen right along the Bull run we have seen in stocks. The appetite for the relative...
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Tuesday's Market Minute: FedEx Fights Back
Tuesday, June 25, 2019 - 9:34am | 335Read More...FedEx Corporation (NYSE: FDX) is suing the U.S. Dept. of Commerce after shares lost 2.7% Monday in a delivery error connected with Chinese telecom giant Huawei. Concerns that China would blacklist the U.S.-based global delivery service after it returned a Huawei device meant to be delivered in...
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As Anticipation Firms For Trump/Xi Meeting, Focus Is On Earnings, Iran Tensions
Monday, June 24, 2019 - 10:24am | 2122Read More...This week is all about anticipation, as everything arguably comes down to the meeting between Presidents Xi and Trump at G20 starting Friday. With this big event on the near horizon, it looks like we might be back in “risk-off” mode as people buy bonds hoping for protection. Treasury...
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Monday's Market Minute: Is Anything Ever 100% Certain?
Monday, June 24, 2019 - 10:10am | 278Read More...Well, after last week’s Fed announcement and its decision to leave rates unchanged, apparently a July rate cut of a quarter basis point is certain. The dovish FOMC sentiment provided a lift to the market – the S&P 500 Mini futures (/ES) traded to new all-time highs, the Dow futures...
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Friday's Market Minute: Post-Fed Markets Rally Into New All-Time Highs
Friday, June 21, 2019 - 9:48am | 278Read More...Bulls may not have gotten the rate cuts for which they were hoping at this week’s FOMC meeting, but a more dovish-sounding Fed seems to have been good enough to propel the S&P futures to a new all-time intraday high of 2,964.50. The index futures finally snapped out of the relatively...
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Thursday's Market Minute: Fed Rally
Thursday, June 20, 2019 - 9:51am | 292Read More...The Fed gave equity markets what they wanted as the dovish comments have stocks in rally mode this morning. The S&P 500 is approaching all-time highs and has nearly wiped out May’s losses. The Fed kept rates at 2.25-2.5% but signaled possible interest rate cuts later this year....
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Is Patience Still A Virtue? Maybe Not, As Fed Strikes That Word, Hints At Future Cuts
Wednesday, June 19, 2019 - 4:01pm | 2204Read More...The Fed is out of patience, but plans to hold steady for now. The market arguably got what it wanted from today’s Fed meeting conclusion: Hints at a future rate cut, while at the same time the Fed removed the word “patient” from its statement. Stocks rose on the news, but...
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Fed Alert: All Eyes Focused On Powell And Company As Markets Await Decision
Wednesday, June 19, 2019 - 10:11am | 1994Read More...The first positive China trade news in weeks debuted just in time for the Fed’s decision later today. Whether stocks follow Tuesday’s sharp rally with another move higher could depend on what happens at 2 p.m. ET when the central bank wraps up deliberations. The interesting thing about...
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Wednesday's Market Minute: Jay Powell's Biggest Moment Yet
Wednesday, June 19, 2019 - 9:40am | 345Read More...Make no mistake, today ushers in an important and mostly new phase for markets. With major market benchmarks flirting with extremes, Jay Powell’s navigation of his biggest moment yet is bound to leave some corner of the market unhappy over the coming months. Here are a few of the options:...
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Cloud Looming? Oracle's Revenue Seen Down In Competitive Atmosphere
Tuesday, June 18, 2019 - 2:42pm | 1401Read More...Declining revenue for a second-straight quarter in an increasingly competitive cloud-computing environment could loom for technology firm Oracle Corporation (NYSE: ORCL) as it prepares to report Wednesday. Most analysts expect a year-over-year revenue dip, although they also expect earnings...
















