The degree of political uncertainty is at an incredible level. As a result, the S&P 500 is stuck in a channel, with the tension of a strong US economy, better than expected earnings, but this overhang of uncertainty. In this week’s video, I review the...
Here are the “Big Picture” items for the week coming up: 1) “Phase One” of China trade deal agreed to in principle – needs to be “papered.” >Caused market rally on Friday 2) Q3 earnings season in full swing >Watch Banks in particular >JPMorgan...
Traders should expect more volatility in the upcoming week. Here is the backdrop and upcoming events to be aware of: Backdrop -Last week’s volatility was driven by; slowdown in manufacturing and services, solid jobs and unemployment numbers -Overall global...
Are current market levels justified by underlying strength, or are participants “drinking the Kool-Aid” and displaying naivete and disregard for global data and recent shocks to the market? In this update, I review and analyze where we are and what to...
Oil futures are up over 10%, the S&P 500 is down and Gold is spiking. Here is this weeks market update with discussion and analysis of these events and what to watch for. As always, I welcome your questions, comments and feedback....