Market Preview

GDP Good or Bad?

The market had a good bounce off the lows and the “Dovish” FOMC statement certainly left many guessing if the Fed would raise rates in September. Today the GDP will not just give us an idea of the health or weakness of the economy, it ...

Read More

GDP Disappoints

The top three government data points will continue to rule the market perception about the economy. U3 will tell us the unemployment story and will be spoon fed to us by the government and the market will ultimately believe it (regardless of the ...

Read More

Alibaba and Exports?

It is Election day and regardless of your politics or mine, I urge you to go out and vote. It is one of the most important duties we have as citizens in this nation. I am not sure how the market will react, perhaps it is time to "Sell the News" as ...

Read More

Hawkish or Dovish?

Was the FOMC statement Hawkish or Dovish? I think the market is as puzzled as some economists, even CNBC economics reporter Steve Liesman (Keynesian) was puzzled. The market reaction was muted for the most part and I think needs to adsorb what was ...

Read More

The Battle

Market pull back was significant and certainly has triggered concerns that a larger correction is looming. While I am expecting some significant pull backs in equities, I am not sure THIS is the start of a broader correction – not yet anyway. ...

Read More

Status Quo

The status quo is certainly comfortable, as long as the market continues to rise. No one actually wants to be bearish and we all generally want prosperity. Yet there is the notation of a hidden hand of Fed interventionism at work. All is good as ...

Read More

GDP Optics

The market continues to pushes higher and the Fed freight train continues. However, this morning the futures are under a little pressure, mainly from concerns escalating from the Ukraine on a supposed Russian “stealth” invasion. However, ...

Read More

Weak Retail Sales

The market gave up on the rally yesterday. What was more concerning was the weakness in the broader base Russell that gave up. I am still expecting that we don’t crack down below the critical support levels prior to the mid-term and believe ...

Read More

Load More